Invoice Types

There are various types of invoices in Oracle Payables which are

Standard- A Regular supplier invoice.

Credit Memo- An invoice received from a supplier representing a credit for goods or services purchased.

Debit Memo- An invoice issued by customer to notify a supplier of a credit recorded for goods or services purchased.

Expense Report- For recording business related expenses for employees.

PO Default- An invoice for which the matching PO no is known.

Quick Match- To automatically match to specified PO and all the shipment lines on the PO.

Mixed- A Standard or credit/debit memo invoice for matching a PO, another invoice or both.

Prepayment- To make advance payments for expenses/capital items where the goods/services many not have been actually received.