Difference between quick payment and manual payment?
Answers were Sorted based on User's Feedback
Answer / manoj4679
Quick Payment:
It allows you to make a single payment against one or more
invoices at a time to one supplier through payables. It
involves 3 steps:
-Creating a payment
-formatting the payment
-printing the payment.
So give the bank , Payment method,Payment document and
supplier details in the payment screen and select the
invoices from Enter/adjust invoices push button.
After doing this process go to actions and format and then
print it. This is all done through payables.
Manual Payment:
This is the process of entering the check details which has
been paid manually in some emergency requirements into the
payment form and selecting the invoices of the concerned
supplier and check whether the total of the invoices and
the paid amount at the header are same and save. In this
there will be no formatting and printing process through
payables.
Is This Answer Correct ? | 7 Yes | 2 No |
when ur making payments not through payables
example- through wire or typed cheque, then u update the
paid invoice in payables (by selecting payment type as
manual)
Note u can record payment for invoices that are
associated with any Payment Method type, except Electronic.
quick payment
-------------
When you create a quick payment you can select an invoice
regardless of the payments terms and due date. For example,
you can create a Quick payment for an invoice that is not
yet due OR when u r making payment through Oracle e-
Commerce Gateway .
when u are defining the bank accounts, u have a button
(payables document) after clicking a new window is
generated in that u have disbursement tpye where u have
three options:
combined (combination of recorded & computer generated)
recorded (manual payment)
computer generated (only through computer generated)
if u select combined as disbursement tpye by default QUICK
PAYMENT TERM WILL BE HIGHLITED WHILE MAKING THE PAYMENT.
IF U WANT TO MAKE PAYMENT ONLY THROUGH ELECTRONIC THE WE
SELECT (computer generated ).
Is This Answer Correct ? | 2 Yes | 4 No |
What are the back end process happening when closing period and opening period. This is the technical question and what are the tables updating in this process? pls help me
what is meant by accural report? it consist of ?
how service tax work.
whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.
What is Proxima Payment Terms?
What is auto invoice
What is terms date basis?
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
What is the Customization? Can any one tell me with examples in Real time scenarios?
What are the issues you have faced at the time of implementation, Migration, Support and Upgradation project and how you resolve them(AP,AR,GL,FA,CM)!!!
1 Answers IBM, Oracle, Tech Mahindra, Wipro,
What are the mandatory setups in AP?
Explain the Document Method ?