The slide share is about processing standard invoives in Oracle R12 Payables module. It also gives a snapshot of calculating Suppliers balances in Oracle R12 Payables module.

6. Processing: Standard Invoice and Verify Supplier Balance:-
It is an an Invoice which is received from the supplier and entered in the payables system.
It will increase the supplier balances.
Prerequisite:-
Enter the supplier and at least one pay site in the Suppliers window.
Step1:-Create Standard Invoice
Navigation:-Invoices>Entry>Invoices
Select the Supplier Name, Site and Number.
Enter the Invoice Date
Enter the Invoice Number
Enter the Invoice Currency
Enter the Invoice Amount
Enter the GL Date
Enter the Payment Currency
Enter the Terms
Enter the Payment Method

7. Scroll to Right side
Select the Payment Method.
Click on the “Lines”

8. Enter the Line amount
Click on the “Distribution”
Enter the Amount
Enter the Account

9. Save and close.
Click on the “General”
Verify the Invoice Status “Never Validated”
Click on the “Action”

10. Enable the “Validate” button
Click on the “OK”
Invoice Status has been “Validated”
Click on the Action and “Create accounting”

11. Enable the “Create Accounting”
Enable the “Final”
Click on the “OK
Accounting Preview Final Final Post
Draft Yes No No
Final Yes Yes No
Final Post Yes Yes Yes
Click on the “OK”

12. Invoice got accounted

13. Step2:-Verify the Supplier Balances.
Navigation:-Invoices>Inquiry>Invoices
Enter the Supplier Name

14. Click on the “Calculated Balance Owed”

15. Select the “Operating Unit Name”
Click on the “Calculate”

16. Supplier outstanding balances.