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. |