AP Period Closing Step 14

Run the Key Indicators Report (Optional)

This report enables review of the Accounts Payables department’s productivity. This statistical information can be useful for cash flow analysis and forecasting purposes, when combined with similar information from Oracle Accounts Receivables. The Key Indicators Report generates the following two reports:

The Key Indicators Current Activity Report

Use the Key Indicators Report to review your accounts payable department's productivity. The Key Indicators Report provides current activity indicators that compare current period activity with prior period activity in three major areas: suppliers, invoices, and payments. Payables further breaks down each category into basic items, exception items, and updates. The report provides the number of transactions for each indicator (such as number of automatic payments printed during a period) and amount values where applicable to the Key Indicator (such as total value of automatic payments written during a period).

The Key Indicators State of the System Report

The Key Indicators State-of-the-System Report provides a period-end view of Payables, as well as average values. For example, the Key Indicators State-of-the-System Report includes:-.

Suppliers

• Suppliers: Number of suppliers.
• Sites: Number of supplier sites.
• Average Sites per Supplier: Payables divides the number of sites by the number of suppliers.

Invoices

• Invoices: Number of invoices.
• Distribution Lines: Number of invoice distributions.
• Average Lines per Invoice: Payables divides the number of invoices by the number of distributions.
• Scheduled Payments: Number of scheduled payments based on payment terms and manual adjustments in the Scheduled Payments window of the Invoice Workbench.
• Average Payments per Invoice: Payables divides the number of invoices by the number of scheduled payments.

Payments

• Checks: Number of payments (both manual and computer generated) created and recorded in Payables.
• Invoice payments: Number of invoice payments made by Payables. A payment document can pay multiple invoices.
• Average invoices per payment: Payables divides the number of payment documents by the number of invoice payments.

Matching Holds

• Matching holds: The number of matching holds in Payables.
• Average matching holds per invoice on matching hold: Payables divides the number of matching holds by the number of invoices on matching hold.