Collaborate on Fusion Invoice for HR with Ease Using airSlate SignNow

Fusion invoice for HR

welcome to this series of Oracle Fusion account receivable demonstration [Music] in this video we will see how to create invoice here we are on the receivable home page which neatly divided into separate work areas for billing account receivable revenue and funds capture here using this billing work area you can gain comprehensive control and visibility into your billing department and can get all the relevant information related into billing and info tile format formation in a tile format hands in a info tile using this you can efficiently prioritize your work without a glance reviews of your current receivable data conveniently summarize a four info tiles of incomplete approval research and import exception the summary information into each info tile appears in the corresponding detail table for your review so this is about infotile to the right of the page we have something called panel drawer which contain access to your task search and Report analytics for your billing role let us access the task pin and open the create transaction form so this is the create transaction form and create transaction invoice in this transaction class you have selected to be invoiced from this page you can create billing transaction of invoice credit memo and debit memo the fields which are marks as star are the mandatory fields to understand the process better let us start to enter a demo invoice here first of all user need to select a business unit then we need to select a transaction source as here we are creating a manual transaction so you have to select a manual for the transaction coming from order management module The Source will be order orchestration then you need to select transaction type class and type both are invoice but invoices can be of multiple type like interest and voice invoice for non-sales internal invoice domestic sales export sales Etc so depends upon business requirement we can create separate transaction type and account receivable the accounts are derived from Auto accounting rule and one of the parameters available to you for defaulting account is of transaction type so you can have your receivable revenue and Freight account defaulted from your transaction type then comes the transaction number transaction number is the bill number like invoice number or credit memo number we can set the system to generate it automatically or provide user the option to have it entered manually as well but this document number is always generated automatically as it is the audit voucher number so it will be generated by system in sequence for your billing transaction select the transaction date and accounting date by default system will select the current date for both transaction and accounting date you can associate your billing transaction to a salesperson so you can enter sales person name say Lisa Jones here we can also attach attachment you can add as many attachments as you want and click on OK button in addition to attachments in case you want to enter some detail notes you can click on the notes button to enter the notes by clicking on the plus sign you can enter the note details click on OK button you can also select the transaction currency now coming to the customer information part you can select your bill to customer name say ABC application software here customer name is divided into two separate parts of Bill to name as well as ship to name as soon as you select a bill to name the primary shipped to name will get defaulted from customer master once the ship to and Bill to information have been retrieved you need to select the payment term this payment term get defaulted from your customer Master if they are selected there So based on the payment term and the transaction date system will derived the due date of this billing invoice scroll down to the invoice lines region here you have various ways to enter an invoice line let us select the item code manually but 2. understand Bill in through detail here you can select the item manually and system will default the description of item from your inventory module like a001 the item code for laptop bag female with a unit of measurement here you can specify the quantity suppose 100 quantity and the unit price let us say 50 once you provided the quantity and price system will calculate the amount for you you can Bill multiple item to the customer by adding more lines if you do not know the item code in that case you can use find button to search the item and again if you enter the quantity and unit price system will calculate the amount for you you can also select the standard memo line standard memo line is used when the item is not an inventory item say for example consultancy services or one-year support agreement let us save the transaction the moment you save the transaction system will calculate the applicable tax amount on the basis of transaction information entered and finally after entering all the relevant transaction information and reviewing it you can complete the transaction by clicking on complete and review complete and close will close the form complete and create another will open a new transaction form by completing the existing transaction let us click on complete and review after completing the transaction you will be able to create receipt against it upon completion system will generate the transaction number also action list of value will show the action which you can attempt it against this transaction like you can create a credit memo against this transaction by clicking on credit transaction you can dispute the transaction you can do adjustment against this transaction you can review the installments through this review installments you can update the due date though this due date can be updated by changing the payment term as well say you select net 15. so system will update a due date for you but this payment term can be updated only till the time this transaction not posted to general ledger after posting also I can change the due date by clicking on this review installments button and changing the due date from changing the due date column say it is due on 31st July so irrespective of the payment term selected the due date will get updated once you click on Save and close so here as you can see the due date has been updated through this action list of value you can create a duplicate transaction as well as you can do accounting for this transaction also you can directly post the transaction to The Ledger or you can do account in draft to review the accounting and post the entry later system will give you a confirmation message that accounting has been complete you can view accounting by clicking on this button or do the same from action list of value so this was about invoice processing infusion receivable