O'Reilly logo

Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation by Ranjeet Yadav

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Processing payments

Creating payments for vendors and issuing them is one of the critical aspects of PeopleSoft AP module. PeopleSoft offers a wide range of payment methods that can be used to create payments: ACH (Automated Clearing House), System Check, Wire Transfer, Electronic Funds Transfer, Drafts, Giro-EFT and Letter of Credit. A batch process known as Pay Cycle (AP_APY2015) is used to select the eligible vouchers and create payments for them.

We'll discuss the following important steps involved in payment processing using the Pay Cycle:

  • Configuring pay cycle steps
  • Configuring pay cycle step group
  • Specifying payment selection criteria
  • Executing pay cycle batch process

Configuring pay cycle steps

Pay cycle is a group of multiple steps, each responsible ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required