How to make partial payment in oracle payables: Partial Payment

How to make partial payment in oracle payables: Partial Payment

 

Oracle Payables provide us the options to do the Partial Payment of your Supplier Invoices. We can pay the Supplier Invoices complete or we can also do the Partial Payment in Oracle Option. To do the Partial Payment of the Invoices, we don’t need to do any special setups. Oracle Payables Provide us the option, to manually adjust the Final Payment amount in the Payment Window. When we do payments, we select the supplier invoice against which we will make payments. System defaults the Invoices amount as a payment amount but we have the flexibility to change the amount.

 

We can Hold Partial payment. Hold on Partial payment can be applied using "Schedule payment" Split the payment into two. this way one line can place hold the other one made payment.

 

We can easily get the Partial Paid Invoices from Back end with this ‘payment_status_flag’

payment_status_flag is available at header level , statuses will be 'Y' -- Fully Paid, 'P' -- Partially Paid , 'N'-- Not Paid

 

Select * from Ap_invoices_all

Where payment_status_flag=’P’

 

You can also check partial Paid Invoice details in Invoice Window using torch option

In torch option you can find partial paid invoices by filtering data in payment field.