What is a Hold? Explain the types of Hold
- 7 Answers
- 33137 Views
- HCL, IBM, TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nadia
Hold is term payable manually apply. to prevent invoices
from payament.
There are 3 types of holds.
1. Invoice Hold.- you can manually apply one or more holds
on invoice name by using the invoice hold tab on invoice
work bench
2. schedule payament Hold- you can hold payament on
invoices by placing holds on one or more schedule payments.
3. sulpplier Hold - In supplier site ypu can defaualt the
foloowing holds
a)Hold all invoices- It holds all invoices relating to
the supplier name where this optiuon is defaulted.
b)Hold Unmatched invoices- It holds the unmatched
invoices i,e if the invoices do not match PO Or PO recipts
the invoice is prevented from payament.
c) Invoice Amt Limit- If the amoount exceeds the invoice
amount limmit. then the invoice is prevented from payament.
d)Invoice Unvalidated- Its prevents the payament for
unvalidated invoices, Unvalidated are those invoices in
which the distrubution amount does not match with the
amonth entered on work bench, or If the tax amount does not
match.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / charu
There are two type of holds...
system defined holds - placed by system ..for eg
distribution variance hold
user defined holds..placed by user..for eg invoice amount
should not exceed a particular amount.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / ritesh gakher
One can use holds to prevent payment of an invoice.
Types of Holds are:
Invoice Hold,
Scheduled Payment Hold,
Supplier Hold
| Is This Answer Correct ? | 8 Yes | 4 No |
Answer / mani
Holds are placed during validation. There are different
types of holds such as Matching required hold, No rate Hold,
Distribution Variance Hold, Invoice amount limit exceeded
hold and Unapproved Invoice Hold.
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / b.sirkanth
there is two types of holds.
1.system hold:-when you dosent match with header level and
lines levels this hold will be apper
2.manual hold:-if quantity is not good for the goods we will
go for the manual hols(if any reasons are there we will go
for manual holds)
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / bhargava athuluri
Hold means preventing the invoice payment in payables...
There are two types of Holds
System Holds
User Holds
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / ab
https://www.rfsuny.org/media/RFSUNY/Procedures/ap_invoice-holds_pro.htm
| Is This Answer Correct ? | 0 Yes | 0 No |
What is ment by leased asset?
2 Answers Chartered Accountant, Sierra Atlantica,
where should liability account define in account payable what are the steps for payment process
How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12
how to create a journal source by user9
What is the Reconciliation Open Interface used for in Cash Management?
Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.
tell me the ap period end process
If balancing account is not assigned to company & is assigned to department wat will be the effects
What is ment by physical inventory reconciliation?
What is the purpose of secondary tracking Flexfeild Qualifier
what is MOAC?
2 Answers ABC, Ness Technologies,
Oracle Apps Technical 
