Setup Payable in Oracle EBS R12
Setting up Payables in Oracle E-Business Suite (EBS) R12.3 involves configuring the Accounts Payable module to manage your organization's payable processes. Here's a step-by-step guide to set up Payables in Oracle EBS R12.3: Step 1: Define Payment Terms Navigation: Payables > Setup > Payment > Terms Define payment terms to determine the due date for invoice payments. Step 2: Define Banks Navigation: Payables > Setup > Payments > Banks Set up banks and bank branches that will be used for payment processing. Step 3: Set Up Payment Documents Navigation: Payables > Setup > Payments > Documents Define payment documents such as checks, electronic payments, or manual payments. Step 4: Set Up Payment Methods Navigation: Payables > Setup > Payments > Methods Create payment methods for different payment types, such as check, electronic, or wire transfer. Step 5: Define Supplier Information Navigation: Payables > Suppliers > Entry Set up supplier...