11i Public Sector Payables

In this course, participants from the Public Sector will learn how to set up and use Oracle Public Sector Payables to manage their accounts payable process. In hands-on exercises, participants will practice managing suppliers, processing invoices and payments and submitting reports. Participants will also discuss advanced functions, such as 1099 suppliers and merging supplier and invoice data. They will also learn how to process inter-company, automatic offsets, and encumbrance transactions. Participants will discuss the Prompt Payment Act, process Due Date Calculations, initiate the Economically Beneficial Discount process, Invoice Returns process, Prior Period Receipts process, and run the Prompt Payment Report. Participants will also learn how this program integrates with Oracle Public Sector General Ledger, Oracle Public Sector Receivables, Oracle Public Sector Purchasing, and others.
Audience
Course Topics Suppliers

• Set up new suppliers
• Set up employees as suppliers
• Respond to supplier and supplier site inquiries
• Select supplier reports
• Merge suppliers

Invoices

• Create an invoice batch
• Enter basic invoice information
• Enter invoice distributions and create distribution sets
• Match invoices to purchase orders
• Enter credit and debit invoices
• Schedule payments
• Approve invoices

Invoice Payments

• Enter manual payments
• Process computer-generated payments
• Process payment batches
• Process prepayments
• Process stop payments
• Void payments
• Set up cash control features

Taxes and Freight

• Set up and process sales tax requirements
• Prorate taxes and freight charges
• Use the Automatic Tax Calculation function
• Set up and process automatic tax withholding requirements
• Set up and process 1099 requirements

Reporting, Accounting, and Auditing Functions

• Submit standard reports
• Define, submit, and modify report sets
• Transfer fixed assets detail to Oracle Assets
• Transfer accounting detail to general ledger
• Close and reconcile the period in Oracle PS Payables
• Purge records
• Balance entries for inter-company transactions
• Pay invoices in a currency other than the invoice currency (Euro Settlements)

Course Objectives

• Set up and use Oracle Public Sector Payables to manage their accounts payable process.