Overview of Payables Processes

The Oracle Payables module allows the corporations to pay its vendors/suppliers for goods and services purchased. 


The Oracle Payables process involve the following steps:


1. Enter Suppliers
2. Enter or Import Invoice
3. Validate Invoice
4. Pay Invoice and Create accounting entries in subledger accounting (or)
5. Create accounting entries in subledger accounting and Pay Invoice
6. Transfer information to General Ledger