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Topic

    Amol
    RCTI (Recipient Created Tax Invoices) functionality...Answered
    Topic posted September 19, 2019 by AmolBronze Trophy: 5,000+ Points, tagged Financials, Payables 
    24 Views, 1 Comment
    Title:
    RCTI (Recipient Created Tax Invoices) functionality in Oracle Payables Cloud
    Content:

    Looking for some guidelines on how to implement RCTI invoices in Oracle ERP Cloud.

    In such cases, suppliers don't issue TAX Invoices but the recipient(customer) pays the tax and also provides a tax invoice to supplier for the goods.

    Best Comment

    Amol

    Oracle Payables Cloud provides a functionality of "self-billed" invoices or "ERS (Evaluated Receipt Settlement".This functionality allows to create invoice for an supplier with distributions and tax details without having supplier to send an invoice.      

    Payment on Receipt Autoinvoice Program - Different Methods for Generating Self Billing Invoices in AP/PO (Doc ID 1573941.1)

    Comment

     

    • Amol

      Oracle Payables Cloud provides a functionality of "self-billed" invoices or "ERS (Evaluated Receipt Settlement".This functionality allows to create invoice for an supplier with distributions and tax details without having supplier to send an invoice.      

      Payment on Receipt Autoinvoice Program - Different Methods for Generating Self Billing Invoices in AP/PO (Doc ID 1573941.1)