Payables Imp Topics

Payables Imp Topics( R12 Payables Management Fundamentals.pdf)
1)Procure to pay
2)Open interfaces
3)Suppliers overview and merge
4)Types of invoices
5)PO matching, receipt matching, Matching types, ERS invoices.
6)Different types of variances
7)Distribution types(freight, tax, misc) and distributions sets
8)Tolerance and Price correction
9)Invoice Approval Work flow
10)Types of holds and purposes
11)Payables options, Financial options, Payables Setup options
12)Imp profile options


Payments in Payables
1)Types of payments and uses
2)PPR-Diff stages and importance
3)Prepayment
4)Create refunds and voiding
5)Creating payment methods and PPP
6)3rd party payments
7)Profile options


Expense Reports and Credit Cards in Payables
1)Overview of expense reports, procurement card and credit cards
2)Reports
3)Imp profile options


1099 Reporting Overview and Reports
1)Overview
2)Reports
3)Imp profile options for 1099 reports


Period Close in AP
1)Overview and steps to confirm period closure
2)Imp profile options for period close


Different types of taxes
1)Self-assessed tax
2)Manual tax
3)Tax tolerance and variances (TRV, TERV , etc..)
4)Withholding tax and types of withholding(invoice time and payment time)
5)Withholding tax reports
6)Imp profile options for withholding


Complex POs and Retainage
1)Overview 
2)Imp profile options for Complex PO and retainage