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Accounting entry for Receipt Clearing in few receipt are not recorded, Why? (Doc ID 2685309.1)

Last updated on APRIL 16, 2021

Applies to:

Oracle Fusion Receivables Cloud Service - Version 11.13.20.01.0 and later
Information in this document applies to any platform.

Goal

On : 11.13.20.01.0 version, Accounting And Reconciliation


Accounting entry for Receipt Clearing in a receipt is not recorded in the below example, Why?

1. Create receipt XYZ on 28-Jan-2020.
2. Then cleared this receipt on same date 28-Jan-2020.
3. Run create accounting.
4. Check the accounting entry for this receipt, It can be found that receipt is not accounted in cash clearing account instead it is directly recorded in cash accounts, as below

Cash A/C Dr 100000
Applied Cash A/C Cr 100000

Expectation:

Cash A/C Dr 100000 |_Receipt cleared
Cash Clearing A/C Cr 100000 |

Cash Clearing A/C Dr 100000 |_Receipt Created
Applied Cash A/C Cr 100000 |

 

Solution

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In this Document
Goal
Solution
References


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