Oracle
Payables
I.
Overview
of Account Payable
II.
Creating
Payables Responsibility
III.
Oracle
Payable Set up
1. Options
a. Financial Options
b. Payables Options
c. Payment Administrator
2. Define Bank Account
3. Open Periods
IV.
Basic
Invoices
1. Standard Invoice
2. Credit Memo
3. Debit Memo
4. Mixed Invoice
5. Prepayment
6. Expense Report
7. Withholding Tax
V.
Invoice
Payments
1. Single payment entry
2. Payment from Payment Work bench
3. Reconciled Payments
4. Payment Batches
VI.
Period Close Activities
1. Integration Processes
a. Integration with Assets Module
i. Asset Invoice Creation
ii. Track as Asset
iii. Mass Addition Program
b. Integration with
General Ledger Module
i. Invoice Validation
ii. Create Accounting and Transfer to
General Ledger
2. Month End Close Periods
a. Close Period
b. Exception Report
c. Sweep Invoices to Next Month
d. Close Period after Exceptions