Recurring invoice in Oracle Payable Fusion

Its a feature that lets you create invoices for an expense that occurs regularly and is not usually invoiced. Monthly rents and lease payments are examples of recurring payments.

Invoices that need to be created and paid on a regular basis, can be created using the recurring invoices functionality available in Oracle Fusion Payables. The Recurring invoices can be created entering business unit, invoice number, amount, supplier details, line item details etc. Each invoice provides a consistent record of goods and services provided in the given billing period.

Steps:

1. From the Invoices work area task panel, click the Create Recurring Invoices task to open the Create Recurring Invoices spreadsheet.

 

2. Click ok to save sheet, and then open and Sign in to Oracle Fusion ADFDI excel Applications.

3. Complete the fields, as shown in this table.

Field	Value
Business Unit	Select the business unit
Invoice Number	RENT
Invoice Amount	12,000
Supplier	Select the supplier
Supplier Site	Select the supplier site
Invoice Currency	USD
Calendar Name	Monthly
From Period	Apr-14
To Period	Mar-15
Distribution Set	Rent Expense

4.   Click Create Recurring Invoices for multiple periods from a single spreadsheet.



 5.  Capture details of the recurring transactions and generate invoices by clicking the ‘Generate’ button in the spreadsheet.



 6.    Validate the invoices from the Manage Invoices page or through the Validate Payables Invoices process.

Invoices are created for all periods in the given range. If for any specific reason the invoice could not be created in a particular period, none of the invoices are created and an error message is displayed stating the reason the invoice could not be created.