| std PO [message #183152] |
Wed, 19 July 2006 12:21  |
phanimekala
Messages: 25
Registered: June 2006
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Junior Member |
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hai,
can any one plz clarify what is Pay On receipt functionality.this come when we create a std PO.
thanks
phani.
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| Re: std PO [message #183199 is a reply to message #183152] |
Wed, 19 July 2006 21:54  |
shashidhar.k
Messages: 127
Registered: January 2006
Location: India
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Senior Member |
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Hi Phani.,
jst 2 days back i gave some infermation on which is realted to "ERS" or "Pay on receipt" for the Topic(issue ) name with "Interface table for Bank&Bank Account conversion " by apache..might be u haven't seen tht one.. any way i will again sending the details ...
"ERS (Evaluated Receipt Settlement )" OR "Self Billing " OR "Pay 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 builds invoices with the following information:
Amount :-- Determined by multiplying the Quantity received by the Purchase Order Item Unit Price.
Payment Terms :-- Defaulted from the purchase order payment terms or from the supplier site payment terms, depending on your Oracle Payables setup.
Tax:-- Based on Tax Codes on each purchase order shipment, or the default tax hierarchy in Payables.
For this one u need to enable ERS option at Supplier site.
Oracle PO => Supplier Base=> Supplier =>SIte=> Purchasing (Tab).
Here there is one zone name with "Self Billing"....
Enter the detials i.e. based on which transaction d system should generate the Invoice.
Aftet enter the details jst save it.
Once u received the goods the u need to run one report name with "Pay on Receipt AutoInvoice program".
Once the Report ran without error the application will create the invoice.Invoice numbers are created based on the summary level. The invoice number is of the following format:
'ERS'-< X >-< Seq# >
ERS is the default prefix for Pay On Receipt invoices or any prefix you specify in the profile option PO: ERS Invoice Number Prefix.
- Seq# is a unique system generated number.
- X depends on the summary level:
- if summary level = Pay Site then X = Invoice Date
- if summary level = Packing Slip then X = Packing Slip Number
- if summary level = Receipt then X = Receipt Number
Then go to "Invoice Workbench " .,
You can find Payment on Receipt invoices by using the Find Invoices window in Oracle Payables to search for any invoice in your system containing the prefix 'ERS-.' However, you can change this prefix, using the profile option PO: ERS Invoice Number Prefix.
Thanks
Shashidhar K
[Updated on: Wed, 19 July 2006 21:55] Report message to a moderator |
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