The Payments Manager, shown below, enables you to complete a pay run from start to finish by seamlessly navigating between Oracle Payables and Oracle Payments. A pay run is the process by which a group of invoices is selected and processed for payment.

Overview

The Payments Manager in Oracle Payables, as shown below, is a module comprised of the following components, which is used to create multiple payments:

• payments dashboard (home)

• templates

• payment process requests

• payment instructions

• payments

The Payments Manager enables you to perform the following payment actions:

1. Create payment process request templates by specifying invoice selection criteria.

2. Use templates to automatically select invoices to pay that meet the criteria for payment.

3. Schedule pay runs.

4. Modify invoice selection and payment amounts.

5. Automatically submit invoices for processing and payment by scheduling payment process requests.

6. Initiate payment instructions.

7. View the status of payments.

8. Void or record stop payments.