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TOPIC: Re:Payment Methods
#606
gavrobere (User)
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Payment Methods 15 Years, 9 Months ago  
What are a Wire Transfer, and Quick Check in Oracle Payables? Is it part of Manual Payment method? Are both payment methods by checks? Please, give an example.
 
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handsonerp (Admin)
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Re:Payment Methods 15 Years, 9 Months ago  
Quick Payment is when you print off a check from the system.
Manual Payment is when you pay some one outside the side and you record this payment in the system. No check in printed.
Wire Payment is simply a wire transfer. You can record that in the system.
 
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Re:Payment Methods 15 Years, 9 Months ago  
Thank you Hasan. In Oracle logic, is a Wire Transfer a bank to bank payment only, or could it also involve a cash payment (through a transfer of cash at a cash office)?
 
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handsonerp (Admin)
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Re:Payment Methods 15 Years, 9 Months ago  
How did cash come out of the bank account? That would be recorded in Oracle.
 
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