What is a Payable Document?

Answers were Sorted based on User's Feedback

What is a Payable Document?..

Answer / nitu

payable documnet is nothin but the way and the formatt in
which the payments shall be made.

Is This Answer Correct ?    8 Yes 1 No

What is a Payable Document?..

Answer / mstapps

Payments documents are

1. check
2. Elecronic
3. Wire
4. Clearing

CHECK : Payments in a payment batch, quik payment, or
manual payment

ELECTRONIC : You pay Electronic payment eithr through the e-
commerce Gateway, or by delivering a payment batch file to
your bank. for both methods, payables creartes a file
during payment batch creation. for e-commerce gateway
payments, the fil is processed through the e-commerce
gateway and delivered to your bank ti create payments. for
electronic funds tranfers, the file is formatted and
delivered to your AP.out directory for you to deliver to
your bank.

WIRE : A payment method where you pay invoices outside of
payables by notifying your bank that you want to debit your
account and credit your supplier's account with appropriate
funds. You provide your bank e\with your supplier's bank
information, and your bank sends you confirmation of your
transaction. Your supplier's bank sends your supplier
confirmation of the payment. you then record the trasaction

CLEARING : Payment method you use to account for interfund
expenses when you do not actually disburse funds through
bank. Generally, you do not generate a payment document
with the clearing payment method

Is This Answer Correct ?    13 Yes 7 No

What is a Payable Document?..

Answer / narender chintam

In Oracle Payable Document is used make the Payments with
specified Business formats and conditions, to track the
Payment records and Record/Reporting Purpous.
Payments can be made based on Business requirement ex:
Check,Electronic,Wire,Clearing etc.....

Is This Answer Correct ?    2 Yes 0 No

What is a Payable Document?..

Answer / sita

payable document is nothing but cheque,electronic or both.

Is This Answer Correct ?    3 Yes 3 No

What is a Payable Document?..

Answer / sivakotireddy

Payment document is may differ one payment to other payment.,sometime I pay through the Electronic, cheque etc.. but it is nothing but Check,Electronic,Wire,Clearing etc......

Is This Answer Correct ?    0 Yes 0 No

What is a Payable Document?..

Answer / prasad

4 Types - Payable document.
1. Check
2. Electronics
3. Wire
4. Clearing

Is This Answer Correct ?    0 Yes 0 No

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