What is Pay On Receipt?
Pay on Receipt (also known as ERS (Evaluated Receipt Settlement) or Self-Billing) is an Oracle Purchasing concurrent program, which automatically creates invoicesin Oracle Payables and matches them with PO's automatically for the received amount. The short name for the program is POXPOIV.
What is the minimum setup required?
a. In Oracle Purchasing responsibility, navigate to Supply base ->Suppliers. Query the supplier to be used in the PO and Query the site to be used in PO. In the General Tab, check the checkboxes for PAY SITE and PURCHASING. In the Purchasing tab, the Pay on field should have a value of' Receipt'. The invoice summary level should also have the value of 'Receipt'.b. Apart from the above set-up in R11i, a value need to be selected for the Pay on field in the Terms window of the PO.
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