Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / narendaroracleapps
Pay Group:
It is used for grouping similar type of vendors
for whom payment can be made first or prioritized. It comes
in handy when payments are made by Payment Batches ....
Just an example .....You can 1000 payments to be made in a
day for 500 suppliers amounting to 10,000 $, but you have
only 8000$ in hand... But you know that there are payments
to be made to high profile suppliers which cannot be
delayed at any cost, in which case you create a pay group
HIGH PROFILE and assign that to those high profile
customers. Now when you run the payment batch, you can add
the paygroup on the selection criteria, which will select
only invoices for those suppliers and proceed for payment.
| Is This Answer Correct ? | 16 Yes | 0 No |
Post New Answer View All Answers
What kind of budgets have you worked on?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.
payment types and payment methods.
difference between 11i&r12
I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.
Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
How to do the analysis of discounts lost and fixing the root cause?
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
What are the inventory report to check inventory status.
can we define 2 different currency revaluation at a time??
how service tax work.
