Page 8 - Payables Magazine
P. 8
Invoice Header
An invoice header defines common
information about an invoice, such as:
- Invoice number
- Invoice amount
- Supplier
- Payment terms An invoice header can
have multiple invoice lines.
Invoice Lines
Invoice lines:
- Record details of the goods and services
including tax, freight, and miscellaneous
charges
- Capture details necessary for integration
with applications, such as Oracle Fusion
Assets, Oracle Fusion Projects, and Oracle
Fusion Purchasing
- Can be generated automatically by
matching an invoice to a purchase order,
receipt, or consumption advice. Can be
entered manually An invoice line can have
one or more distributions.
Invoice Line Distributions
Distributions are used to create accounting
entries and include information, such as:
- Accounting date
- Distribution combinations
- Projects information
Invoice Installments
An invoice can have one or more
installments. Installments include
information, such as:
- Due dates
- Due amounts
- Discount dates