Setup Payment in Oracle EBS R12
Setting up Payments in Oracle E-Business Suite (EBS) R12.3 involves configuring the Payments module to manage your organization's payment processes. Here's a step-by-step guide to set up Payments in Oracle EBS R12.3: Step 1: Define Payment Systems Navigation: Payments > Entry > Systems Define payment systems and specify their attributes, such as payment method and format. Step 2: Set Up Banks Navigation: Payments > Entry > Banks Create bank accounts and define bank attributes for payment processing. Step 3: Define Bank Branches (Optional) Navigation: Payments > Entry > Bank Branches If using bank branches, define them and link them to the respective banks. Step 4: Set Up Payment Documents Navigation: Payments > Entry > Documents Define payment documents, such as checks or electronic payments, and specify their attributes. Step 5: Define Payment Formats Navigation: Payments > Entry > Formats Create payment formats based on the requirements of your ...