In this article, you will understand, how to define the Common Options for Payables and Procurement task for your business unit.

Steps:

  1. Sign in with your user name.
  2. Click the Navigator link.
  3. From you Implementation Project, expand Financials > Define Invoicing and Payments Configuration > Define Payables >

Select Go to Task for Manage Common Options for Payables and Procurement.

OR

Setup and Maintenance > Financials > Setup > Payables > Manage Common Options for Payables and ProcurementHow to define Common Options for Cloud Payables and Procurement

How to define Common Options for Cloud Payables and Procurement

 

The business unit name should display below the page title (Business Unit : Australia Business Unit). If you get a permissions error, check in Oracle Identity Manager that the data role for your business unit is assigned to your user. See the Provision a Data Role activity for the steps.

4.  Enter the distribution information from the table below.

Field Value
Liability 451.40.22100.000.000.000
Prepayment 451.40.13500.000.000.000
Conversion Rate Variance Gain 451.40.78630.170.000.000
Conversion Rate Variance Loss 451.40.78640.170.000.000
Discount Taken 451.40.77600.170.000.000
Realized Gain Distribution 451.40.78610.170.000.000
Realized Loss Distribution 451.40.78620.170.000.000
Miscellaneous 451.40.60540.170.000.000
Freight 451.40.62510.170.000.000

 

How to define Common Options for Cloud Payables and Procurement

 

5.  Leave the other defaults and click Save and Close.

6.  Click Done.

Check Relevant Articles:

How to Create Payment Terms in Oracle Cloud Payables

How to define Invoice Options in Oracle Cloud Payables

How to define Payment Options in Oracle Cloud Payables

 

 

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