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Setting Up Recurring Invoice in R12

This document provides instructions for setting up recurring invoices in Oracle R12. It outlines setting up a special calendar to define invoice periods, optionally creating a distribution set to ease data entry, and navigating to the recurring invoices section to define the invoice details like supplier, calendar, number of periods, amounts, and generating the invoices. The recurring invoices are then visible in the invoices screen and can be approved and accounted for.

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249 views2 pages

Setting Up Recurring Invoice in R12

This document provides instructions for setting up recurring invoices in Oracle R12. It outlines setting up a special calendar to define invoice periods, optionally creating a distribution set to ease data entry, and navigating to the recurring invoices section to define the invoice details like supplier, calendar, number of periods, amounts, and generating the invoices. The recurring invoices are then visible in the invoices screen and can be approved and accounted for.

Uploaded by

test_1t
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Setting up Recurring Invoice in R12

To define a Recurring Invoice, first create Special Calendar. This Calendar is used to determine
the periods for which the invoices to be generated.

Navigate: Setup à Calendar à Special Calendar

Setup a special calendar for the recurring expenses for which you need to automate in this form:

• Name of the Special Calendar


• Description
• Enter No. Of periods (Normally in general the recurring invoice starts anywhere in a year
so one can define number of periods based on the remaining periods in that year)
• Set Period Details
• Save & Exit

Optionally a Distribution can be setup to ease the data entry for the user

Navigate: Setup à Invoice à Distribution Sets

• Distribution Name
• Description
• Details of how you want to distribute the expense
• Save & Exit

With Calendar and Distribution sets ready,

Navigate: Invoices à Entry à Recurring Invoices

• Operating Unit (If one it will default, if you have multiple operating units and access,
select the correct operating unit)
• Name of the Recurring Invoice
• Select Supplier either through Number or Name
• Select the Calendar that you created as in the above setup
• Number of Periods
• Give the First Period for which you want this recurring invoice to start
• System will automatically pick the next period and Give the remaining periods
• Go to “Invoice Definition” Tab & Give Invoice Number (It can be Alfa-Numeric)
• Go To “Line Definition” Tab to Select the Distribution Set you Created as in above setup
• Switch to “Control” Tab to set the approval flow for the invoice
• Switch to “Amount” tab and enter the invoice amount. This will be the invoice amount
for the invoice that is getting generated. Also enter the Control Amount. For example if
you are paying Rent for 6 Months from now and per month Rent Amount is 10000, then
in the “First Amount” field give 10000 and in the “Control Total” field enter 60000.
• Since the no of periods for this setup will be six, and for the first invoice we have already
given the amount, the system will now equally prorate the remaining amount of 50000
into five invoices Ten Thousands Each.
• Once saved, the system will prompt to enter the First Period for which the invoice to be
raised and the amount for the invoice.
• Give the number of invoices to be generated.

1. One can either for the whole period. In our example it is 4 or


2. Can give only the number of invoices which needs to be generated. This can be anything
below the mentioned periods. In our example it can be 1 or 2 or 3.
3. After giving period, click on “Create Recurring Invoices” and you will find a screen as
below:

Go to Invoices screen and query with the invoice number that got generated as above in the
screen.

You will notice that the distribution is also created automatically as we have setup a special
distribution set for this recurring invoice.

Validate, Force or Initiate Approval as the Business requires and Create Accounting. In our
example, it is force approval and Draft Accounting Entries.

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