Following are the Invoicing attributes and their possible values. You set these attributes when defining or updating items

Invoiceable Item
Indicate whether to include an item on an Oracle Receivables invoice. If you turn this option on, you can temporarily exclude from invoicing when Invoice Enabled is turned off. This option must be on if Invoice Enabled is on.

Invoice Enabled
Indicate whether to activate an item for invoicing in Oracle Receivables. If Invoiceable Item is turned on, you can temporarily exclude from invoicing by leaving Invoice Enabled turned off. If you turn this option on, the item appears in the Invoice Entry item list of values in Oracle Receivables. If you turn this feature off, the item does not appear in the list of values and AutoInvoice rejects the item. This attribute is optionally set by the Item Status code.

Payment Terms
Enter a valid payment terms code. This attribute is for reference information only.

Accounting Rule
Enter an accounting rule to identify special revenue recognition rules for an item, such as recognizing revenue over time. See: Defining Invoicing and Accounting Rules, Oracle Receivables Reference Manual, This attribute is for reference information only.

Invoicing Rule
Enter an invoicing rule to determine the period in which you send an invoice when you recognize revenue over time (using accounting rules).This attribute is for reference information only.

Tax Code
Enter a tax code to use when calculating tax based on location and tax codes. You assign specific rates to a Tax Code in the Other Tax Rates window.

Sales Account
This attribute is controlled at the Organization level only. Enter the general ledger account Oracle Receivables uses to record revenue when you bill the customer. If AutoAccounting is based on items, accounting entries are created at that time.