1099 [message #149244] |
Wed, 30 November 2005 17:06 |
satchin
Messages: 24 Registered: September 2005
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Junior Member |
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hi all
iam new to oracle apps..i just want to get familiar with certain terms. cud anybody tell me what a 1099 means in AP?? and also abt EFTs
thanx
satchin
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Re: 1099 [message #152279 is a reply to message #149387] |
Thu, 22 December 2005 03:06 |
chinna.s
Messages: 8 Registered: November 2005 Location: MUMBAI
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Junior Member |
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Hi
the EFT is as rightly said , it is electronic fund transfer.
this is actually a term used to indicate the payment done via electronic media.you company hold account with one or many banks, EFT works this way;
1. u send a remittance advice to the bank.
2. u inform ur vendor abt ur payment.
3. bank will transfer the money to the extent u sent the notice to the vendors' bank account.
other wise this is also done by plastic cards, electronic checks, via phone sometimes etc..
hope this is clear,
Thnnks,
chinna
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Bank account information to AP [message #178161 is a reply to message #149244] |
Mon, 19 June 2006 15:35 |
satchin
Messages: 24 Registered: September 2005
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Junior Member |
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Hi all,
i have a question pertaining to EFTs and bank accounts. how do i load employee bank information into AP. what tables are to be loaded.
Are AP_BANK_ACCOUNT_USES_ALL, AP_BANK_ACCOUNTS_ALL, AP_BANK_BRANCHES the only tables to be loaded. I wanted to write a custom program to load into those three tables but how should i populate bank_account_id, bank_brach_id columns.
The bank data comes from Payroll. i've setup employees as vendors, only thing i have to do is to load their bank account infromation in AP to facilitate Direct Deposits.
Regards
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