Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / 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
manually.
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 ? | 8 Yes | 1 No |
Post New Answer View All Answers
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
Charge Back Setups ?
how service tax work.
What are the inventory report to check inventory status.
difference between 11i&r12
What is the use of mo: security profile, while configure multiorg?
HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
What are register in India localisation?
what is VAT claim process?
What kind of budgets have you worked on?
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
Write Test Scripts for a telecummunication project on the basis of priority with some examples with regard to AP,GL,FA.
Please post the setups required to approve the payable invoice in AP.
What is the Process of Reconciliation Between AP to GL
What is the entry in oracle apps ap,ar,gl for following transations1.one pipe purchase at rs.1002.one pipe sales at rs.150
