Invoices in Oracle ERP

The types of invoices in Oracle ERP can vary based on the specific module and the needs of the organization. Here are some common types of invoices in Oracle ERP:

  1. Accounts Payable (AP) Invoices:


    • Standard Invoice: Used to request payment from a customer for goods or services provided.
    • Debit Memo: Issued to increase the amount owed by a customer due to additional charges or adjustments.
    • Credit Memo: Issued to reduce the amount owed by a customer due to returns, discounts, or other adjustments.
    • Prepayment Invoice: Created when a customer makes an advance payment before receiving goods or services.

  2. Accounts Receivable (AR) Invoices:


    • Standard Invoice: Represents a request for payment for goods or services provided to a customer.
    • Credit Memo: Issued to reduce the amount owed by a customer, often due to returns or adjustments.
    • Debit Memo: Used to increase the amount owed by a customer, typically for additional charges or fees.
    • Adjusting Journal Entry: Created for accounting adjustments without impacting customer balances.

  3. Purchase Order (PO) Invoices:


    • Standard Invoice: Created based on purchase orders to bill customers for goods or services ordered.
    • Matched Invoice: Generated when the invoice matches the purchase order and receipt of goods or services.
    • Unmatched Invoice: Used when there is a discrepancy between the invoice and the purchase order or receipt.


  5. Expense Report Invoices:


    • Expense Report Invoice: Created for employee expenses and reimbursements.
    • Travel and Entertainment (T&E) Invoice: Specific to expenses related to travel and entertainment.

  6. Recurring Invoices:


    • Recurring Invoice: Automatically generated at specified intervals for ongoing services or subscription-based businesses.

  7. Intercompany Invoices:


    • Intercompany Invoice: Used to record transactions between different legal entities within the same organization.

  8. Consolidated Invoices:


    • Consolidated Invoice: Combines multiple invoices or transactions into a single invoice for customer convenience or billing simplification.

  9. Pro Forma Invoices:


    • Pro Forma Invoice: Provided as estimates or quotations to customers and do not request payment.

  10. Progressive Billing Invoices:


    • Progressive Billing Invoice: Used for projects or contracts with payments based on stages or milestones.

  11. Installment Invoices:


    • Installment Invoice: Used for installment-based payments, specifying the total amount, number of installments, and due dates.

  12. Reversal Invoices:


    • Reversal Invoice: Used to reverse previously created invoices, correcting billing errors or negating the effect of the original invoice.

  13. Tax Invoices:


    • Tax Invoice: Complies with tax regulations and includes details necessary for tax reporting.

  14. Custom Invoices:


    • Custom Invoice: Tailored to meet specific business requirements, often used for unique billing scenarios.

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