Oracle A75089-02 - Manual (Page 141)

Glossary-3
in the form of credit and debit transfers, related bank balance, banking transactions,
and account analysis.
functional acknowledgment
The acknowledgment to indicate the results of the syntactical analysis of
electronically encoded documents. Applies to a functional group and can include
detail.
N
National Automated Clearing House Association
The NACHA is a non-profit organization responsible for developing and
maintaining the rules and guidelines for using the ACH network.
P
payment batch
A group of invoices selected for automatic payment processing via Oracle Payables
AutoSelect function.
payment document
Medium used to instruct a bank to disburse funds to the account of a site location or
supplier.
R
remittance advice
A document that lists the invoices being paid with a particular payment document.
T
trading partner
Any company that sends and receives documents via EDI.
transaction set
A complete business document such as an invoice, a purchase order, or a remittance
advice. Synonym for document or message.