What is an ERS
Answers were Sorted based on User's Feedback
Answer / yogaphani
ERS stands for Evaluated Receipt Settlement also Known as
PAY ON RECIPT AUTO Functionality.
We need to run Pay on receipt auto invoice program to create a REceipt match invoice.
for that we need to do minimal set up at supplier site level.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / alexander william
ERS Stands from Evaluated Receipt Settlement and it is a procedure for the automatic settlement of receipts, benefits of ERS include invoice variance prevention, confirms the existence of a corresponding purchase order it verifies the identity and quantity of the goods, and then pays to the supplier.
| Is This Answer Correct ? | 1 Yes | 0 No |
Based on the Receipt we will auto creating the invoice, against that invoice we are going to make the payment. We we are following means Ordered quantity and received quantity may differs so that based on received quantity we will raise the invoice against that invoice will make the payment.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is the tax levels in AP?
what is the use of Allow amortized changes in fixed assets
What is primary set of book?
What is the Customization? Can any one tell me with examples in Real time scenarios?
PLS ANY ONE EPLAINE ME I AM RECEIVING JOURNALS FROM RECEIVABLE AND PAYABLES IN GENERAL LEDGER I WANT RECEIVABLE JOUNALS APPROVAL AND PAYABLES JOURNALS I DON'T WANT APPROVAL HOW CAN SET UP THIS
What are the various Implementation method for oracle apps
What is a Payable Document?
6 Answers HCL, IBM, Oracle, TCS,
If purchasing the goods from supplier, (Client or Vendor) want to pay directly by cash then what is the scenario in Accounts Payable, b'coz there is an only three types of payment are available i.e. 1. Electronic, 2. wire, and 3. cheque, in this case what we need, and is the journal entry will get and how it effect in GL Accounts ? to do
how service tax work.
What is Auto cash Rule Set in receivables ?
What is difference between security rule and cross-validation rule and what is difference between both of?
How to see the structure of organization?ie which LE connected to which ledger and which OU connected to which LE?