What is evaluated receipt settlement?

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William Smith
11-September-2020

What is evaluated receipt settlement? ERS

Financial Accounting Finance

Question ajoutée par bilal nazir , Senior Accountant , Dubai Link Tours L.L.C
Date de publication: 2014/01/31

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par Suresh Mishra , Oracle EBS Financial apllication consultant , Confidential

Pay on Receipt (also known as ERS (Evaluated Receipt Settlement) or Self-Billing) is an Oracle Purchasing's concurrent program, which automatically creates invoices in Oracle Payables and matches them with PO's automatically for the received amount. The short name for the program is POXPOIV.

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