Oracle Tip #23

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Blog | Aug 4, 2015

Oracle Tip #23 - Payables: Payment on Receipt

During the summer, TriCore Solutions will be posting tips about Oracle E-Business Suite. In this tip, learn how Payment on Receipt can make your life easier.

Payment on Receipt

Oracle Tip #23 - Payables: Payment on Receipt

Payment on Receipt enables you to automatically create standard, unapproved invoices for payment of goods based on receipt transactions.

Invoices are created using a combination of receipt and purchase order information, eliminating duplicate manual data entry and ensuring accurate and timely data processing. Payment on Receipt is also known as Evaluated Receipt Settlement (ERS) and Self Billing. You can automatically create invoices with multiple items and distribution lines, and include tax. You define which supplier sites participate in Payment on Receipt and enforce matching rules to ensure the proper payments are made to the suppliers.

The Pay on Receipt Auto Invoice program automatically creates an invoice batch depending on the options in the Payables Options window. Invoice count and invoice total are calculated automatically.

Payment on Receipt

See the previous Oracle Tip

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