CHAPTER6Payables Processing

The core purpose of EBS Payables is simple and straightforward: invoice processing and settlement. You have several options for getting the invoices into Payables, along with controls that can be added to increase their accuracy. At the most basic level, invoices can be manually entered in Payables for payment. Or an interface can be used to bring in invoices from third-party systems. Or they can be automatically created through activities in other EBS subledgers. This chapter will discuss the different processing options, as well as how to monitor and control the accuracy of the invoices and month-end processing.

Invoices

No matter how an invoice is entered into EBS, there are certain controls that take place prior ...

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