Payables integration for payment processing

Submitting payment requests

You can use Payables to create payments for disbursing your funds. To allow for payments, Cloud Payables integrates with other Cloud applications. The following applications create payment requests for Payables:

Cloud Receivables: Submits requests for refunds not related to credit cards

Cloud Expenses: Submits requests for expense reports

Expenses and Receivables can perform payment requests to Payables in order to distribute funds to a payee that you have not established as a supplier. If Expenses processes an expense report, and if Receivables processes a refund that is not credit card related, then Payables creates an invoice with a Payment Request invoice type. You can then control the payment process and release the funds with Payments.

Your default payment request options include Pay Group, Payment Terms, and Payment Priority.

You can manage payment requests separately from other payments with the following:

Payment attribute validations

Payment method controls

Payment file and report formats

Payment methods defaulting rules