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The payment portion of this transaction is a request to your financial institution to perform cash application to relieve your account and to pay your payee's account.
The remittance advice portion of this transaction contains the payment distribution by invoice. It may be sent directly to the payee, through a financial institution, or through a third party. In addition, you may use Oracle Payables to print your remittance advice.
Payments made using electronic funds transfer (EFT) may be processed via EDI if your EDI translator has the means to download the payment data from Payables to tape for delivery to the payee's bank.
Application(s) accessed | Oracle Payables |
ASC X12 Transaction | 820 |
EDIFACT Messages | PAYORD / REMADV |
PAYEXT / REMADV |
Use the Invoice Workbench to enter and approve invoices, and to release invoice holds.
Use the Payment Workbench to select invoices for payment, create a payment batch, and to submit the EDI payment transaction. This transaction is event-driven and integrated with the standard Payables payment process. It cannot be initiated through the EDI Gateway. However, you must use the EDI Gateway to set up the trading partner and enable the transaction.
Outbound Payment Order / Remittance Advice Data File Organization
Outbound Payment Order / Remittance Advice Data File Definition
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