What is an ERS
Answers were Sorted based on User's Feedback
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.
| Is This Answer Correct ? | 12 Yes | 0 No |
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.
| Is This Answer Correct ? | 1 Yes | 0 No |
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.
| Is This Answer Correct ? | 0 Yes | 0 No |
What are register in India localisation?
Difference between quick payment and manual payment?
HI, waht is the difference between security rule v/s Balance segmetn values in R12. what is the exact purporse of Balance segment vlaues? expalin with an example.
what is convention and its types?
What are the types of Invoices , what is prepayment & steps to apply it to an Invoice ?
4 Answers HCL, IBM, Oracle, TCS,
what is MD050 & wat specifications are included in it
what are flexfields in Asset?
I am working on PPR process to print checks. Currently the checks are printing for each supplier, supplier site and payment method group. My requirement is the invoice level one DFF is available (like A and B are the input values). Please let me know how include this DFF at invoice grouping level.
Describe the key configuration decisions you would need to undertake when implementing the cash management module?
What is the meaning holding tax?
What are the types of requitions?
How do you adjust receivables?