Overview of Fusion Payables

Purpose of the document

Capgemini assisted Oracle with Fusion Applications

product testing efforts at Hyderabad office for an 18
weeks period
Oracle had planned fusion program to -
o Familiarize partners with the fusion apps
o Getting aligned with the new functionalities
o Gain early visibility in to the product

A team from Mumbai travelled to Oracle Hyderabad

to
o Test the application
o Find product bugs and defects & resolve them
o Refining product features

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Introduction
Oracle Fusion Applications is an assimilation of best features from Oracle
E Business Suite, JD Edwards, PeopleSoft and Siebel

Oracle Fusion Applications would leverage the SOA capabilities of the

underlying Oracle

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Product Highlights
Enhanced user interface
Invoices/Payments can be created with less number of clicks
Introduced landing page, which displays the to-do jobs after login
based on role assigned to user

Creating invoice through scanned image

Fusion has inbuilt image processing software
It supports standard layouts of supplier invoices

Dashboards
Payables dashboard displays the list of transactions completed
recently and pending (awaiting action) transactions like Invoices
on hold, required approval, invoices on payment holds etc..
Using Pending transactions section user can drill downs to his
transaction and complete the necessary actions easily.

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Product Highlights

Best of the breed features from Oracle Suite of Applications like

PeopleSoft, JD Edwards, Seibel and Hyperion have been embedded in
Fusion
Business Process centred design
Highly configurable by business users
Embedded Business Intelligence
Collaboration facility within the application

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Topics Covered
Setups
Invoices
Payments
Payment Actions
PPR

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Setups
Setups cover
Financial options for payables & Procurement
Payable options
Payment terms

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 Financial options for Payables & Procurement
Financial options for Payables & procurement
These are used to define the default distributions for Liability, Bills
Payable, Exchange rate gain/loss etc.
They are also used for defining offset segments. There are three
segments that can be chosen from
1. None
2. Balancing Segment
3. Balancing Segment with Account

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Financial options

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Payable Options
Payable Options consists of
Payable options Invoicing
Payable options Payment
Payable options Tax

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Payable Options Invoicing
Payable options Invoicing is used to define options for
1. Invoice Entry
Options defined here default on the invoice

2. Matching options
Matching tolerances are defined here, and also options for allowing final
match are enabled from here.

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Payable Options Invoicing
3. Discount
Used for defining rules for calculation of discount and their
accounting.

4. Approvals
Enables approval, and what actions need to be done before
approval.
5. Prepayments
Define the prepayment payment terms which will be defaulted on
prepayment invoices

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Payable options invoicing

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Payable options invoicing

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Payable options Payment

Payable options payment defines when payments

will be accounted.

Payments can be accounted at

Payment Issue
Payment clearing
At payment issue and clearing

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Payable options Payment

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Payable options Tax
Payable options Tax
This is used to define withholding options.
The basis of withholding calculation(Including Discount, Tax)
When is withholding to be calculated at Invoice validation or at Payment
Withholding invoices are automatically created with Prefix of With and they
contain the Original Invoice number in the description field.

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Payable options tax

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Payment terms

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Payment terms

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Invoice
Invoice consists of
Invoice Header
Invoice Lines
Invoice Summary
Invoice consists of the following tabs
Lines
Holds & Approvals
Payment
Installment

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Invoice
Fusion supports the following Invoice Types
Standard Invoice
Debit Memo
Credit Memo
Prepayment

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Invoice Dashboard

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Manage Invoices

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Invoice holds and approval tab

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Invoice payment

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Invoice installment

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Invoice
Invoice Actions
Validation
Tax calculation
Apply/ Unapply prepayments
Approval
Delete
Cancel
Account in Draft
Account and post to ledger
View Accounting
Manage holds

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Payments
Fusion supports two types of payments
Single Payment
Payment process request aka PPR
Single payment is a one time non recurring payment.
Single payment can be made regardless of payment terms, due date etc.
Single payment can only be made when mode of payment is electronic or printed
(Check)

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Single payment
Single payment types
Quick payment checks all validation like supplier site holds, withholding
calculation, pay alone invoices, discount while making payment

Manual payment overrides all payment controls. A single payment can be

made for multiple pay alone invoices. Manual payment can also be made
even when supplier site is on payment hold.

Refund is used for creating negative payment, and is used for closing
outstanding credit balance with a party

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Payment status
Payment statuses
Negotiable
Voided
Stop initiated
Issued
Cleared

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Salient features of different types of payment

Manual Quick Refund

Withholding No Yes No
Calculation
Discount No Yes No
Calculation
Interest No Yes No
Calculation
Payment Manual Auto Manual
Reference entry generated entry
No
Cheque No Yes No
printing

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Create payment

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Create payment

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Create payment

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Payment inquiry page

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Payment inquiry page

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Payment process request (PPR)
Payment batch process is called as Pay run or Payment process request
Steps for running a PPR
Create PPR template
Schedule or submit a PPR
Review documents and manually add and remove documents if required
Resolve errors and specify currency rates

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Submit PPR Page

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PPR Payment & processing options

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PPR processing stages
Document selection
Document validation
Payment validation
Payment file processing
Payment file validation
Payment file transmission

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