Invoice Types in Oracle Fusion Payables

• Standard:- An invoice from a supplier that represents an amount due for goods or services rendered.

• Prepayment:-An advance payment to a supplier.

• Credit Memo:- A document that extends a credit amount from a supplier for goods or services rendered.

• Debit Memo:- A credit from a supplier that does not send you a credit memo.

• Withholding Tax:- An invoice to a tax authority for withholding tax that is automatically generated. You can create withholding tax invoices manually if the option Allow manual withholding is enabled.

• Interest:- An invoice for interest on overdue invoices that is automatically generated.

• Standard invoice request:- An invoice submitted without a purchase order by a supplier through Oracle Fusion Supplier Portal that is pending review and approval by the appropriate persons within the deploying company.

• Credit memo invoice request:- A credit submitted without a purchase order by a supplier through Oracle Fusion Supplier Portal that is pending review and approval by the appropriate persons within the deploying company.

• Payment request:- A request from Oracle Fusion Expense or Oracle Fusion Receivables to disburse funds to a payee that is not defined as a supplier.