Oracle Payables

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Oracle Payables Introduction

Oracle Payables is a subsidiary ledger to the Oracle General Ledger. The main Oracle Payables processes are:

1. Create Invoices
2. Make Payments
3. Manage Suppliers
4. Import Invoices
5. Manage Invoice Transactions
   1. Invoice Import through Oracle Payables Open Interface
   2. Manage Purchase Orders
      
   3. Receipt Matching
      
   4. Applying Holds to Invoices
      
   5. Expense Reporting
   6. Procurement Card and Credit Card

R12i Oracle Payables New Features

Index to Oracle Payables Topics

AP Setup Steps	The list of specific tasks to set up the Oracle Payable Application in the order they should be performed.
Accounts Payable Suppliers	Oracle Payables Suppliers data contains information about individuals, employees and companies from which goods and services are purchased and expense reports are reimbursed.
Accounts Payable Invoices	An Oracle Invoice itemizes goods shipped or services rendered, with an accounting of all associated costs. It contains the Invoice Header and the Invoice Lines, and can be manually entered or imported through the Oracle Payables Open Interface. Oracle Payables captures all attributes and information about the invoice documents.
Expense Reports and Credit Cards	Oracle Expense Reports are payables expense reports for employees. Advances to an employee can be managed and applied to Expense Reports.	Oracle Payables supports a procurement card program in which employees purchase items using a procurement card. The procurement card issuer sends transaction files which can be imported directly into Oracle Payables. Oracle Payables also handles processes in management of Credit Card transactions for expense reporting.
Multi-Currency	Oracle Payables provides full multi-currency functionality in accordance with the United States Statement of Financial Accounting Standards 52 (SFAS #52) and International Accounting Standards 21 (IAS 21) requirements.
Subledger Accounting	Subledger Accounting is a new feature which enhances the functionality in Oracle General Ledger Applications by defining how journal entries are generated from Subledger transactions at the Subledger Accounting application level. The options are set up for the Primary and Secondary Ledgers only and are entered through the General Ledger's Accounting Setup Manager. A Set of Books in Release 11 is now a Ledger with its own Ledger Set in Release 12. Subledger Accounting creates the accounting like the earlier Release 11i Oracle Accounting Engine created the accounting.
Oracle Payments	Oracle Payments is a new product in Release 12. This new payment engine will process invoice payments in Oracle Payables, as well as bank account transfers in Cash Management, and settlements for credit cards and bank accounts in Oracle Receivables. Oracle Payments provides the infrastructure needed to connect to other outside payment systems and financial institutions.
Other Accounts Payable Topics	Other Payable topics include: Payable Audit Trail, Positive Pay, Auto Interest, Auto Offset, Intercompany Accounting, Petty Cash, Accounts Payable and Accounts Receivable Netting.
Accounts Payable Holds	Oracle Payables Holds are applied manually or programmatically through Oracle Payables processes. Holds prevent payment of Oracle Invoices and account creation under certain conditions. Holds are integrated with Oracle Workflow, and resolution workflow is initiated during Invoice Validation. Oracle has the following invoice holds: Account Hold, Fund Hold, Invoice Hold, Matching Hold, Variance Hold, and Miscellaneous Hold.

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• Related: General Ledger, Subledger Accounting, Payable Holds, Payable Suppliers, Payable Invoices, Expense Reports and Credit Cards, Multi-Currency, OraclePayments, Multi-Organization, AP and AR Netting

This Topic Is Referenced By These Topics:
Related Links: AdvancedCollections, AP12InvoicesAccrualWriteOffAPandPO, AP12InvoicesAccrualWriteOffMiscellaneous, AP12InvoicesAccrualWriteOffSelectAccrualAccounts, AP12InvoicesAccrualWriteOffView, AP12InvoicesCreditAndDebitMemoDifferences, AP12InvoicesEntryExpenseReports, AP12InvoicesEntryInvoiceWorkbench, AP12InvoicesEntryOpenInterfaceInvoices, AP12InvoicesEntryQuickInvoices, AP12InvoicesEntryRecurringInvoices, AP12InvoicesInquiryInvoiceOverview, AP12InvoicesInquiryPayments, AP12InvoicesInquiryQuickInvoices, AP12InvoicesInquiryWithheldAmounts, AP12InvoicesInquiryWorkbench, AP12PaymentsEntryPayments, AP12PaymentsInquiryPaymentOverview, AP12SetupCalendarAccountingPeriods, AP12SetupCalendarAgingPeriods, AP12SetupCalendarPeriodTypes, AP12SetupCalendarSpecialCalendar, AP12SetupCategoriesCategories, AP12SetupCategoriesCategoryAccounts, AP12SetupCategoriesCategorySets, AP12SetupCategoriesDefaultCategorySets, AP12SetupCountries, AP12SetupCreditCardsCodeSets, AP12SetupCreditCardsGLAccountSets, AP12SetupCreditCardsProfiles, AP12SetupCreditCardsPrograms, AP12SetupCurrency, AP12SetupInvoiceDistributionSets, AP12SetupInvoiceExpenseReportTemplates, AP12SetupInvoiceHoldandReleaseNames, AP12SetupInvoicePaymentTerms, AP12SetupInvoiceTolerances, AP12SetupLookupsPayables, AP12SetupLookupsSubledgerAccountingLookups, AP12SetupOptionsFinancialsOptions, AP12SetupOptionsPayablesOptions, AP12SetupOptionsPayablesSystemSetup, AP12SetupPaymentBankCharges, AP12SetupPaymentInterestRates, AP12SetupTaxRegions, AP12SetupTaxReportingEntities, AP12SetupTaxWithholdingCertificates, AP12SetupTaxWithholdingGroups, AP12TaxWithholdingDetails, APBestPractices, ApprovalAdmin, ApprovalAttributes, ApprovalConditions, ApprovalManagement, ApprovalRules, ApprovalSetup, ApproverGroups, APSetupSteps, AssetMassAdditions, CashManagement, DeductionManagement, EBusinessTax, ExpenseReportsandCreditCards, GL12SetupCurrencyDailyRates, InternalControl, MobileSupplyChain, MultiCurrency, OracleAssets, OracleEBusinessTax, OracleInventory, OracleiReceivables, OracleLogistics, OraclePayments, OracleShipping, OracleTransportation, OracleTreasury, OtherPayableTopics, PayableHolds, PayableInvoices, PayableSuppliers, PublishDocControlReport, SubLedgerAccounting, WarehouseManagement, WebStatistics

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Collaborating Authors and Reviewers: BillDaley - 20 Mar 2007