In Continuation to my previous post (Part-1), below are additional New features Offered in R12 Oracle Payables(Invoicing)
6.Now Oracle Payables enables invoice approval at both header and line levels.
7.The invoice corrections can be made with various types, including price corrections, quantity corrections and amount corrections, at invoice line level.
8.With invoice lines implementations, freight charge can be easily allocated to the real item lines on item.
9.User can apply the available prepayment onto the current invoices during the creation of standard invoices. Pre-Payment will be created a separate line in the Invoice and Gross amount of the invoice will be automatically reduced based on the Pre-payment amount.
10.During Invoice Validation process Oracle Payable validation process will check for validation of the various rules (set of invoices) , and of there is any violation of the tolerances rules then the invoice will be put on hold.