Pay On Receipt Invoices - Oracle Payables (EBS R12).




How Do You Invoice or Create Receipt For Customers?

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The buyer pays for the promised receipt amount
Rules for using certificates-

The buyer of goods or services needs an interface to purchase from the seller and provide their goods or services on the services owned by the seller.

The seller represents and pays for the seller, using the accounting of the technical organization certificate. The supplier undertakes to provide goods or services after the presentation (transfer) of the certificate in accordance with the agreement for the provision of the goods or services for which the certificate is used.
Suppliers offer to provide goods or services to them in the form of public contracts.
-Used to obtain the certificate of the goods or services of the supplier registered on the service. The certificate is non-refundable and can only be used to obtain goods or services provided on the service. The receipt of goods or services is based on the rules and prices set by the supplier. -Certificate He is familiar with the list of goods or services that can be received after submitting the certificate. -The third party receives the certificate of the final product or service from the service list. The rights of the holder of the certificate are the same as those of the buyer.
The property rights transfer agreement reached with the digital property rights unit of the system. organization
-The certificate is not a payment method for goods or services with a third party. -It is a method of proving that you have the right to request to receive paid goods or services from the list displayed on the service. The buyer has no objection to providing goods or services to it. As long as the buyer does not file any complaints, the basis is that the seller decides the main exchange rate, but the exchange rate shall not be lower than US$1 0.98.
The seller sets the transfer period by himself, and the maximum period shall not exceed 6 months. If the seller does not set special terms for the supplier to exchange the certificate for cash, the redemption will be made within 11 days after the seller receives the certificate for the goods or services it provides from the supplier. The seller also reserves the right to establish its own exchange rate as specified in paragraph 14 of these rules.

-Certificate and agree that the certificate issued under this agreement will be the same as other existing certificates of the service, and the seller has the right to establish similar legal relationships with other suppliers.

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-The seller may change the sales certificate of the goods or services at his discretion. -Certificate-an electronic accounting document used to prove the buyer's right to a certain amount of goods or services purchased by the supplier, and the right to ask the supplier for goods or services based on the provided certificate without paying any fees. Buyer-the owner of the certificate. It is a conventional accounting unit used to calculate the face value of a certificate, equivalent to 1 U.S. dollar.
Suppliers can visit the website at address (hereinafter referred to as service.) to publish information about the supplier's goods or services in accordance with the rules of using certificates when selling goods or services. The supplier instructs and the seller bears the cost of selling the seller’s goods or services to the supplier and bears the cost on behalf of the seller. The method is to transfer the buyer’s electronic accounting voucher to the buyer in the form of a certificate, which uses technology to prove that it is against the seller The right to purchase a certain amount of goods or services. The supplier undertakes to pay the seller for the service provided by selling the seller’s goods or services to the seller in accordance with the applicable rules in the transfer system in order to transfer the certificate to the buyer. The seller records in its account the money received from selling the seller’s goods or services to the seller, and belongs to the buyer, and promises to subsequently present (in the order of reporting) the seller’s certificates of the corresponding amount obtained from the goods or services provided When, transfer it to the seller. Used for certificates. The supplier provides goods or services to the buyer of the certificate in accordance with the terms determined by the certificate and this agreement at its cost. The supplier represents and bears the cost, and considers the quantity of goods or services sold (last sold) by issuing a real quantity certificate, and this turnover is carried out by the seller using technology. The seller directly or through its authorized agent transfers the certificate to the buyer of the seller's goods or services. 3.2. The supplier declares that he promises to provide goods or services based on the quotation posted on the service. 3.3. The buyer presents the certificate to the supplier to confirm that they have the right to request the supplier to provide goods or services and receive from the latter the goods or services they select from the list of service releases, the amount of which is equal to the amount of the certificate they transferred to the supplier face value. 3.4. The seller accepts the certificate obtained by the supplier from the provision of goods or services from the supplier, and transfers funds equal to the face value of the certificate received by the seller from the supplier in accordance with the terms of this agreement to the supplier. Unless the seller sets special terms for the supplier to transfer, the transfer of funds should be carried out within ten days from the date the seller receives the certificate from the seller. The supplier promises to place information about the goods or services it provides on the service. 4.2. With regard to the form of issuance of the certificate by the seller, the supplier does not make any request to the seller, and agrees that the certificate issued under this agreement will be the same as other existing certificates for the service, and the seller has the right to establish similar legal relationships with other suppliers. 4.3. The supplier acknowledges that anyone who provides the certificate has the right to receive its goods or services from the list published on the service, the amount of which is equal to the corresponding nominal value of the certificate provided (calculated in conventional accounting units). 4.4. The supplier promises to provide goods or services to anyone who has presented the certificate, regardless of the identity of the ticket holder and the reason for receiving the certificate. 4.5. The seller promises to transfer the seller’s funds according to the amount of the certificate received from the seller in U.S. dollars or other currencies at an exchange rate determined by the seller, but the basic exchange rate shall not be lower than 0.98 U.S. dollars1 4.6. If the goods or services are not delivered to the buyer, the seller shall not be liable for the settlement with the seller, nor shall it be liable for other claims of the buyer. If under certain circumstances (force majeure) under special circumstances and unavoidable circumstances prevent both parties from fulfilling part or all of their obligations under this agreement, the parties shall be exempt from liability. 5.2. If a force majeure situation occurs and one of the parties is unable to perform its obligations under this agreement, it is obliged to notify the other party, and the time limit for performing obligations under this agreement will be postponed according to the time when such circumstances Corral boboli zbeast take effect. All disputes and disagreements that may arise between the parties on the unresolved issues in the text of this agreement will be resolved through any extrajudicial (reconciliation, settlement, claim, arbitration) procedure they choose. How Do You Invoice or Create Receipt For Customers?