Considerations for Payment Types

Payment types identify how a payment is recorded in Oracle Fusion Payables. When you manage payments, you can search for payments by type.

Payment Types

The following table describes each payment type.

Type	Description
Payment Process Request	A payment that's processed through a payment process request.
Quick	A single payment that's created without submitting a payment process request.
Manual	A payment created outside of Payables and then recorded in Payables.
Refund	A payment for a negative amount that closes an outstanding credit balance.