Pay Group in payables

[Ryad]

Hi

Ifind Pay Group in Payables
but i don't find it any where
how can set up it
and for what it use

Tks

[karthikeyanp1981]

Paygroup setup is available under setup navigations. It is used for grouping similar type of vendors for whom payment can be made first or prioritized. It comes in handy when payments are made by Payment Batches ....
Just an example ...
You can 1000 payments to be made in a day for 500 suppliers amounting to 10,000 $, but you have only 8000$ in hand... But you know that there are payments to be made to high profile suppliers which cannot be delayed at any cost, in which case you create a pay group HIGH PROFILE and assign that to those high profile customers. Now when you run the payment batch, you can add the paygroup on the selection criteria, which will select only invoices for those suppliers and proceed for payment.

Please refer user guides for better understanding ..

Regards,
Karthikeyan

[Ryad]

hi
Karthikeyan
thanks for your help
now i want to know how can creat pay group
B-Rgds

[Ryad]

Hi
here is it to set up pay group
The navigation path to add a new Pay Group in Oracle Payables is:

1. Navigate: Set up > Lookups > Purchasing

2. View > Query by example > Enter "%PAY%GROUP% in the "Type" field.

3. View > Query by example > Run

4. Go down to the Bottom of the "Code, Meaning.. " table and add the new Pay group

[madhuarepalli]

Hi,

What is the setup for creation of Paygroup in R12.

Regads,

Madhu

[Ryad]

Hi
1. Navigate: Set up > Lookups > Purchasing
2.in "Type" field view "%PAY%GROUP% .
- Access Level = USER.
3-Insert your own data ; code;Meaning;description;From.
4-Save.

The set up it over.
1-Go to supplier " invoice management"
2- after "Invoice Payment Terms".
3 - associat your supplier to your Pay group