Checklist for Oracle Accounts Payable

1. Choose Set of Books
2. Setting up Banks
a. Defining Internal Banks
b. Payable Options
c. Defining Payable Documents
3. Creating Suppliers
a. Overview of Suppliers
b. Supplier Information - Control Region
c. Bank Account Region
d. Supplier Information - Invoice Tax region
e. Entering Basic Supplier Site Information
f. Supplier Site Information - General Region
g. Supplier Site Information - Tax Reporting region
h. Supplier Reports
4. Invoices
a. Invoice Types
b. Assigning a Default GL Date
c. Entering Invoices
d. Batch Control Form
e. Invoice Structure
5. Demo Examples
a. Type of Accounting Flows
b. Invoice Gateway
c. Apply & Release Holds on AP invoices
d. Levels of Invoice Approval
6. Processing Debit and Credit Memos
a. Clearing a Credit
b. Recording a Price Correction
c. Processing Pre-Payments
7. Accounting in Oracle Payables
a. Accounting Events :
b. Creating Accounting Entries :
c. Viewing Accounting entries
d. Overview of Transferring accounting to GL
e. Reviewing accounting Entries
8. Implementing Supplier Invoices
a. Setting Tolerance Levels for invoice Taxes
b. Setting up invoice payables options
c. Implementation considerations
9. Payments
a. Payment overview
b. Create a quick Check
c. Processing Stop Payments
d. Voiding Payments
e. Refund
f. Overview of Payment Batches
g. Overview of Electronic Payment Options
h. Pre-Requisites for processing electronic payments
i. Creating EDI payment batches
10. Implementing Payments
a. Payment Terms
b. Payment Formats
c. Define Financials Options (Required)
d. Define Payables Options (Required