Oracle Payables
Oracle Accounts
Payables is
part of Oracle Financials, which is part of
Oracle's E-Business
Suite.
Oracle
Payables has a highly responsive, multi-window graphical user interface (GUI)
with full point-and-click capability. You can use your mouse or keyboard to
operate graphical controls such as pull-down menus, buttons, pop lists, check
boxes, or tabbed regions.
Payables
includes two fully integrated workbenches, the Invoice Workbench and the Payment
Manager. You can perform most of your transactions in Payables using the
Invoice Workbench or the Payment Manager. You enter, adjust, and review
invoices and invoice batches in the Invoice Workbench. You create, adjust, and
review payments and payment batches in the Payments Manager.
You
may be restricted in the windows, buttons, and actions you can access based on
your role/responsibility.
Payables workbenches let you find critical information in a
flexible way. For example, in the Invoice Workbench, you can find an invoice
based on supplier, purchase order number, status, or other criteria. Then, for
that invoice, you can review distributions, scheduled payments, payments,
holds, and other detailed invoice information. You can also perform matching,
submit invoice validation, apply and releases holds, or initiate payment.
The Invoice Workbench
The Invoice Workbench is a group of windows that you use to
enter, adjust, and review your invoices and invoice batches.
The Payments Manager
The Payments Manager module enables you to complete a pay
run from start to finish by seamlessly navigating between Oracle Payables and
Oracle Payments. A pay run is the
process by which a group of invoices is selected and processed for payment.
The Payments Manager in Oracle Payables is a module
comprised of the following components:
• Payments Dashboard
• Templates
• Payment Process Requests
• Payment Instructions
• Payments
The Payments Manager enables you to perform the following
payment actions:
• Create payment process request templates
• Use templates to select invoices to pay that meet the
payment criteria.
• Schedule pay runs.
• Automatically submit invoices via payment process requests
to Oracle Payments for processing and payment.
• Initiate payment instructions.
• View the status of payments.
• Void or record stop payments