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: 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. 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...