R12 Oracle Payables Management Fundamentals

In this course, participants learn how to set up and use Oracle Payables to manage the accounts payable process. There are hands-on exercises, through which the participants learn how to manage suppliers, process invoices as well as payments and generate key reports.

Participants also learn how to approve invoices for payment, process, stop and void payments, set up bank accounts and process pay runs. Finally, the students learn how to close accounts payable periods and view Payables accounting entries in Oracle Subledger Accounting.

Learn To:

	Manage Suppliers
	Process Invoices and Payments
	Generate Key Payables Reports
	Approve Invoices for Payment
	Process, Stop, and Void Payments
	Set Up Bank Accounts

course content details

	Procure to Pay Overview

	Describing the Procure to Pay Process Flow
	Describing how the Procure to Pay Process Fits Across the eBusiness Suite Applications

	Payables Overview

	Overview of Payables Processes
	Understanding Supplier Entry
	Understanding Invoice Entry
	Understanding Payments
	Analyzing Payables Integration Points
	Using Payables Open Interfaces to Import Data

	Suppliers

	Understanding the Procure to Pay Lifecycle
	Defining Supplier and Supplier Sites
	Identifying the Key Reports
	Understanding Setup Options
	Analyzing Implementation Considerations

	Invoices

	Importing and Entering Invoices and Invoice Distributions
	Matching Invoices to Purchase Orders
	Validating Invoices
	Applying and Releasing Holds
	Understanding the Invoice Approval Workflow
	Generating Key Reports
	Analyzing Setup Options
	Analyzing Implementation Considerations

	Payments

	Describing the Payments Process
	Setting Up Banks and Bank Accounts
	Entering Single Payments
	Processing Multiple Payments
	Understanding how to Review Payments
	Understanding how to Adjust Payments
	Analyze Setting up and Creating Bills Payable
	Creating, Applying, and Releasing Holds on Prepayments

	Expense Reports and Credit Cards

	Describing the Expense Reports Process
	Understanding how to Enter Expense Report Templates
	Entering Expense Reports
	Understanding how to Apply Advances
	Identifying the Key Expense Reports
	Understanding how to Set Up Credit Card Programs

	Period Close

	Describing the Period Closing Process in Payables
	Describing the Period Closing Process in Purchasing
	Reconciling Payables Transactions for the Period
	Identifying Key Programs and Reports
	Understanding Setup Options
	Understanding Implementation Considerations

	1099 Reporting

	Describing How to Enable 1099 Suppliers
	Entering Invoices for 1099 Suppliers
	Updating the 1099 Information
	Understanding the 1099 Setup Options
	Understanding Implementation Considerations

	Transaction Taxes in Payables

	Describing how Transaction Taxes are Calculated
	Inserting Manual Tax Lines
	Updating Transaction Tax Lines
	Viewing Tax Summary and Details
	Identifying Key Reports
	Understanding Setup Options

	Withholding Tax

	Identifying the Withholding Tax Process
	Using Withholding Tax Options
	Processing Manual Withholding Tax Invoices
	Creating Withholding Tax Invoices
	Processing Automatic Withholding Tax Invoices
	Analyzing Standard Key Reports

	Advances and Progressive Contract Financing

	Understanding the Purpose of Complex Service Contracts
	Identifying Advances, Contract Financing, and Progress Payment Invoices
	Calculating Retainage
	Recouping Prepaid Amounts for Complex Service Contract

	Suggested Next Courses

	R12 Oracle General Ledger Management Fundamentals
	R12 Oracle Receivables Management Fundamentals
	R12 Oracle Subledger Accounting Fundamentals
	R12 Oracle E-Business Tax Fundamentals