Home » Oracle » 1z0-1055-21 » Which two are classified as Self-Billed invoices?
Which two are classified as Self-Billed invoices? (Choose two.)
A. Customer Refunds initiated from Receivables
B. Evaluated Receipt Settlement (ERS) Invoices
C. Invoices created using Integrated Imaging
D. Expense Reports transferred from Expenses
E. Debit Memos created by the Return to Supplier feature
F. Invoices entered through the Supplier Portal
Correct Answer: BF
Explanation/Reference:
Explanation:
Select ERS and Use in the Transaction source parameter when running the Pay on Receipt Auto-invoice concurrent program.
You enable paying your supplier by selecting a method on the Purchasing tab of the Supplier Sites window in Oracle Payables.
Reference: https://docs.oracle.com/cd/E26401_01/doc.122/e48822/1260819T260826.htm
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BE
A self-billed invoice can be one of the following:
• An invoice that the Pay on Receipt process creates
• A debit memo that a return to supplier transaction creates
• An invoice that the Create Consumption Advice process creates from a consignment agreement that has the Pay on Use option enabled
Evaluated Receipt Settlement (ERS), also known as “Invoice on Receipt” or “Pay on Receipt”, is a process whereby company creates a system invoice on behalf of the supplier for receipts booked against PO’s or BPA releases