Setups Summary- Centralized Payments setups in Fusion Applications is performed via Functional Setup manager-

• Setup is performed within the financial offerings
• The Functional Area is organization structures
• Tasks associated with the setup information are
  • Assign Business Unit Business Function
  • Manage Service Provider Relationships

Assign Business Unit Business Function

Business Unit should be assigned with Business Functions. It can be either Payable Invoicing or Payable Payment Business Function. Relationship between invoice business unit and payment business unit should be established by defining the payment service provider relationship.

                                                        Diagram courtesy Oracle

Setup for Supplier Site Assignments- Similarly complete the supplier site assignment for all the invoicing business unit if you want to consolidate the supplier payments across business units.

Implementation Decision Points

• Enable centralized payments when payment processing is highly centralized in the organization or when payments are outsourced.
• At any time an invoice business unit can have only one payment service provide and this feature should not be enabled when payments are handled by more than one business unit.
• Payment business unit details are not stamped on invoices. As a result the migration from one payment service provider to another, or moving from centralized to decentralized services or the converse will happen smoothly.

Job Roles & Associated Duty Roles

Shipped Job Role –    Account Payable Supervisor

Associated Duty Role- Payables Payment creation Duty

                                         -Payables Payment Processing Duty

Business Process Model Information- Below are the business process, Activities and Tasks-

• Detailed Business Process-: manage Invoices
  • • • Activity: Receive and Process Invoice
      • Task: Create Payable Invoice

• Detailed Business Process: Manage Payments
  • • Activity: Prepare and Record Payments
    • Tasks: Create Payable Payments

Centralized Payment Related Reports and BI Analytic Information- These Reports Are-

1. Payment Register – This reports provides information about payments.
   1. Set the Business Unit Context parameter to payments to get details of the payments made by the business unit selected in the business Unit Parameter.
   2. Set the business unit context parameter to invoices to get the details of the payments made for the business unit selected in the business unit parameter.
2. Cash Requirement Report- This report helps to forecast immediate cash needs for invoice payments.
   1. Submit cash requirement report with the payment process request template to forecast specially for invoice business unit or payment business unit or all business units.
   2. The invoice business unit listed in the template are the business units that are serviced by the payment business units that the user can access.

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