Answer / yogaphani

ERS stands for Evaluated Receipt Settlement also Known as
PAY ON RECIPT AUTO Functionality.

We need to run Pay on receipt auto invoice program to create a REceipt match invoice.
for that we need to do minimal set up at supplier site level.

Answer / alexander william

ERS Stands from Evaluated Receipt Settlement and it is a procedure for the automatic settlement of receipts, benefits of ERS include invoice variance prevention, confirms the existence of a corresponding purchase order it verifies the identity and quantity of the goods, and then pays to the supplier.

Answer / ashok atthuluri

Based on the Receipt we will auto creating the invoice, against that invoice we are going to make the payment. We we are following means Ordered quantity and received quantity may differs so that based on received quantity we will raise the invoice against that invoice will make the payment.

What is meant my PO?

4 Answers  

---

Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

5 Answers   Meru Cabs,

---

What is the Functionality of Oracle Applications E-Business Suite?

3 Answers   TCS,

---

When we run the translation we can give only one rate type, then how can we run it for two different exchange rates?

2 Answers   Accenture,

---

What is ment by depreciation override? Can we override depreciation?

1 Answers   UST,

---

Oracle financials talk of Set of Books. However at the beginning of an implementation, when you talk of set of books to the CFO, he will most likely tell you that 'He has just an accounting book for the organization'. So he feels that he does not need 'Set of Books'. How can you reconcile the above two statements?

1 Answers   TCS,

---

What is project accounting in oracle.

1 Answers   Oracle,

---

what are the setups and procedure to creat in multi org in r12. can any body help

3 Answers  

---

What is the process (including setups) of Assets from PO module to Assets Module in Oracle Financials?

1 Answers   DELL,

---

Scenario: I have 3 AR invoices. 1. Inv1 - $1000 2.Inv2 - $2000 3. Inv3 - $3000 I am ceating receipt for $6000 against the 3 above invoices. Question: Can I reverse the receipt $2000 for Inv2 alone? If so How can I do that? please help.

2 Answers   Accenture,

---

What is the major differance between Multi-Org setup in 11i and R12 instance

3 Answers   Hexaware,

---

can you explain aim methodology, what are the documents need to be prepare as functional consultant, explain about gap.

2 Answers   Oracle,

---