Account Payables

The Invoice to Payment process takes you from entering an invoice to

paying the vendor.
Entering or Importing the Supplier Invoice
Entering Invoices with Matched Purchase Orders and Receipts in the
Invoice Workbench
Validating the invoice
Resolving automatic invoice holds
Running the invoice approval process and approving invoices
Creating and approving payment
PO-->Suppliers-->Material---(Supply chain Management)
--> Invoices--> Payments----(Accounts Payable)
Functionality
With Payables we can
Import or enter invoices manually (individually or batches)
Use iExpenses to enter employee expenses report
Record credit card/procurement card invoices from transactions sent in a flat file
Match invoices to POs or receipts
Automate invoice creation using recurring invoice functionality
Can use quick invoice functionality for rapid high volume entry of standard,credit,debit memos
Import XML invoice
Invoice is a formal document to pay to vendor. Upon shipment of goods invoices are normally sent
by Suppliers and the same is entered in Payables module. You can manipulate(create, edit, adjust)
group of Invoices or invoices batches in Invoice workbench.

Invoices can be manually entered or automatically imported from purchasing, EDI or interface.
 Pre-requirement setups
Financial options
Payment terms
Tolerances
Distribution setup
Expense report template
Holds and releases
Interest rates
Bank,Bank branch, Bank account
Payment format
Payment document,PPP
Define Supplier
Setup Payables options
Open Periods
Invoice Types
Payables provide the following invoice types:
Standard
Mixed
Credit Memo
Debit Memo
Prepayment
Withholding tax
Expense Report
Quick Invoices
Recurring Invoice
Invoice Validation
The Invoice validation program does a bunch of things when it starts validation,like ,
Matching
Tax
Distribution
Period Status
Exchange Rate

There are two important parameters

Invoice Match Option : PO (or Receipt)
Match Approval Level : 2-Way (3-Way or 4-Way)

2-Way : Invoice Quantity <= PO Quantity ; Invoice Price <= PO Price;

3-Way : 2-Way + Invoice Quantity <= Receipt Quantity (by the tolerance level)
4-Way : 3-Way + Invoice Quantity <= Accepted Quantity (by the tolerance level)
Payment types

Manual
Quick
Refund
AP Base tables
AP_INVOICES_ALL
AP_INVOICE_PAYMENTS_ALL
AP_INVOICE_DISTRIBUTIONS_ALL
AP_PAYMENT_SCHEDULES_ALL
AP_PAYMENT_HISTORY_ALL
AP_SUPPLIERS
AP_SUPPLIER_SITES_ALL
AP_INVOICES_ALL
AP_CHECKS_ALL
AP_HOLDS_ALL
PAYBLES INTERFACE TABLES
AP_INVOICES_INTERFACE
AP_INVOICE_LINES_INTERFACE
AP_INTERFECE_REJECTIONS
AP_SUPPLIERS_INT
AP_SUPPLIER_SITES_INT
AP_SUP_SITE_CONTACT_INT