Lesson 9: Procure To Pay(P2P) Cycle: Payables Configurations(Manage Payment Options)

Lesson 9: Procure To Pay(P2P) Cycle: Payables Configurations(Manage Payment Options)

Hi friends , so this is the ninth lesson of our Procure To Pay(P2P) configurations learning series in Oracle Fusion. In Lesson 9, we will Discuss and perform the Payables Configurations & setups in Oracle Fusion. In this post , We will be setup Payment Options , Create Internal Banks , Branches & Bank account in Oracle Fusion for Procurement setup.

Payables Configurations

• Payables Configurations (Completed in Last Post).
• Manage Invoice Options (Completed in Last Post).
• Manage Payment Options (Will do in this Post).
• Create Internal bank (Will do in this Post).
• Create Internal Branch (Will do in this Post).
• Create Internal Bank Account (Will do in this Post).

Manage Payment Options :

Step 1:- Search for Task : Manage Payment Options 

Set the scope to your business unit  

In the Manage Payment Options Screen, set the options as shown in the below screen.

Lesson 9: Procure To Pay(P2P) Cycle: Payables Configurations(Manage Payment Options)

 

Step 2:- Click Save and Close 

Create Bank 

Search for Task : Manage Banks 

Step 3:- Click on Create  

Enter Bank name (ABC BANK)  and Create Bank Address 

Payables Configurations(Manage Payment Options)

Step 4:-Click Save and close 

Create Bank Branch 

Step 5:- Select your Bank Record (ABC BANK) and click on Create Branch button .

Step 6:- Create Bank Branch by entering Branch name .

Click Save and Close 

Payables Configurations(Manage Payment Options)

Click Below to continue the P2P Cycle.