Procure to Pay Payables Overview

Copyright Oracle Corporation, 2003. All rights reserved.

Order Account Payables

Ramco Import
01-Sep-2015

Copyright Oracle Corporation, 2003. All rights reserved.

Overview of Payables Process

Enter
supplier

Validate
invoice

Enter
invoice

Pay invoices
A/P
100,000
60,000
10,000
30,000
Transfer
accounting to
General Ledger
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Create
accounting
entries
Copyright Oracle Corporation, 2003. All rights reserved.

Withholding Tax Overview

You may be required to withhold taxes from your

supplier invoices.
Once you set up Payables to automatically withhold tax,
you can withhold tax during payment processing.
You can control all withholding tax options in the
Withholding Tax region of the Payables Options window.

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Copyright Oracle Corporation, 2003. All rights reserved.

Invoice Types

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Standard
Credit Memo
Debit Memo
Prepayment

Copyright Oracle Corporation, 2003. All rights reserved.

Invoice Structure
Type
Supplier
Number

Invoice Header

Currency
Terms

Invoice Lines

Amount
Pay Date

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Scheduled
Payments

Distributions

Copyright Oracle Corporation, 2003. All rights reserved.

Entering Invoice Line Information

Line Types
Invoice Header

Type
Item
Freight
Miscellaneous
Withholding Tax

Invoice Lines

Scheduled
Payments

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Copyright Oracle Corporation, 2003. All rights reserved.

Distributions

Invoice Summary
Supplier

Invoice Batch
Invoice Header

Mix

Credit Memo

Debit Memo

Standard

Lines

Item

Miscellaneous

Freight

Distribution
Bank Account
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Payment
Copyright Oracle Corporation, 2003. All rights reserved.

Withholding Tax

Payments

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Copyright Oracle Corporation, 2003. All rights reserved.

Using the Payment Workbench

The
Payment
Workbench,
(Payments
window)
accessible through the Invoice Workbench, is used to
generate:
- Manual payment

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Copyright Oracle Corporation, 2003. All rights reserved.

Prepayment Cycle
Pre-payment Invoice

Pay Pre-payment Invoice

Enter Original Invoice

Apply Pre-payment

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Copyright Oracle Corporation, 2003. All rights reserved.

Hope You Enjoy

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Oracle
2003. All rights reserved.