Types of Invoices in Oracle Account Payables

Following are the types of Invoices In oracle Applications Account Payables Module

1] Standard

An invoice from a supplier representing an amount due for goods or services 

purchased. Standard invoices can be either matched to a purchase order or not matched.

2] Credit Memo

A memo from a supplier representing a credit amount toward goods or services.

3] Debit Memo

An invoice you enter to record a credit for a supplier who does not send you a credit memo.

4] Mixed

An invoice type you enter for matching to both purchase orders and invoices. You can enter either a positive or a negative amount for a Mixed invoice type.

5] Prepayment

A type of invoice you enter to pay an advance payment for expenses to a supplier or employee.

6] Expense Report

An invoice representing an amount due to an employee for business-related expenses.

7] Withholding Tax

An invoice you enter to remit taxes withheld to the appropriate tax authority.

8] Interest

If you allow interest invoices, payables will automatically calculate interest for overdue invoices and create interest invoices for selected suppliers.

9] Retainage Release

Invoices created for complex work and advance contract financing.

10] Transportation Invoices

Invoices from freight payment