pavan

• Sep 26th, 2005

 

some times suppliers would not be sending any invoices.but still the payment have to made to him.ex: rent,lease rentels. in this situvation we have to create invoice every period wise.for that purpose we have to create one recurring invoice template. template means with one master copy creating the multiple invoices is called template.here we are creating the one invoice master copy is formally known as arecurring invoice or recurring inavoice tempalate. SET UP: 1)we have to create one special calender 2)we have to create one full distribution set 3)we have to enter payment terms in the recurring invoice window 4)enter the template no,first invoice amount,special invoice amounts

durgesh3

 Profile Answers by durgesh3 

• Nov 20th, 2006

 

Recurring Entries are of 3 types

1. Standard, 2. Skeleton 3.Fornulae Based

In GL Moduel

1.Define Formula Batch (Eg: ABC Rent batch)

2.Enter Lines ( Here u have both Debit as well as Credit lines)

3.Generate Recurring period

4.Review Journal Batch

5.Post the batch

 

1. Standard Recurring Journal : It is used fo same accounts & same amounts

Eg : Utilities Dr

       Cash  Cr

2. Skeleton Recurring Journal: It is used for same accounts but for different amounts

Eg: Recurring Fee Dr

       Cash Cr

3.Formule Based Journal : It is used for different accounts with different amonts

Eg: Salaries Dr

       Cash Cr

geetha

• Apr 16th, 2007

 

hai,
i followed all the set given but still i am not able to generate,actually when i go the recurring invoice window and enter all the parameters their i am getting an error -APP-FND-01728:An assignment does not exist for these parameters.

please help me out


with regards,
geetha

Bonthu Nagi Reddy

• Oct 31st, 2007

 

Recurring invoices are the invoices which we use repeatedely.

            Some Invoice we have to generate frequently or periodically in that case we can use recurring invoices which would be helpful to pay rent on first of month or Utility Bills 10th on Every month !!

AP Required Setups in 11i  :-

No.	Setup Task Name		Required?
1	Install or Upgrade Payables.		Yes
2	Create User Sign-ons.		Yes
3	Define Chart of Accounts.		Yes
4	Define Period Types and Accounting Calendar.		Yes
5	Enable Currencies.		Optional
6	Define Set of Books.		Yes
7	Assign Set of Books to a Responsibility.		Yes
8	Enter Conversion Rate Types and Rates.		Optional.
9	Select Primary Set of Books.		Yes
10	Define Payment terms.		Yes
11	Define Purchase Order Matching Tolerances.		Optional.
12	Define Tax Authority Type Suppliers.		Conditionally.
13	Define Tax Name and Tax With holding Groups.		Optional
14	Define Invoice Approval Codes.		Yes
15	Define Distribution Sets.		Optional
16	Define Payables Lookups.		Yes
17	Define Payment Interest Rates.		Optional
18	Create Templates for Entering Expense Reports.		Optional
19	Enter Employee Lookups.		Optional
20	Enter Locations.		Yes
21	Enter Employees.		Conditionally.
22	Define Reporting Entities.		Conditionally Required.
23	Define 1099 Income Tax Regions.		Conditionally Required.
24	Define Inventory Organizations.		Conditionally Required.
25	Define Financials Options.		Yes.
26	Define Payables Options.		Yes.
27	Define Payment Programs.		Yes.
28	Define Payment Formats.		Optional.
29	Update Country and Territory Information.		Optional.
30	Define Bank Accounts.		Yes.
31	Define Suppliers.		Yes.
32	Assign Reporting Set of Books.		Optional
33	Open Accounting Period.		Yes.
34	Define Request Sets.		Optional
35	Define Reporting formats.		Optional
36	Set Up Printer Styles and Drivers.		Yes.
37	Define Special Calendars.		Optional
38	Implement Budgetary Control.		Optional
39	Implement Sequential Numbering.		Optional
40	Define Descriptive Flex fields.		Optional
41	Define Tax Recovery Rules.		Optional
42	Define Withholding Tax Certificates and Exceptions.		Optional
43	Set Up Credit Card Program.		Optional
44	Set Profile Options.	Optional

With Rgds,
Nagi Reddy.Bonthu

Narayana Reddy

• Feb 27th, 2013

 

Define Special Calendar after define recurring invoices.

Supriti Nanda

• Jun 4th, 2014

 

Recurring invoices are the invoices need to raise again and again. For Ex- Rent paid every month.

For Recurring invoices we need 2 set up.

1. Special Calender
2. Distribution set

We need to attach these two in the recurring invoices screen with Supplier details. Every time we can generate the invoices with out giving the details again and again.