R12: CE: Q&A: Clearing, Reconciliation and Accounting

(Doc ID 1066768.1)

Last updated on NOVEMBER 13, 2017

Applies to:

Oracle Cash Management - Version 12.0.0 to 12.2 [Release 12 to 12.2]
Information in this document applies to any platform.


The goal of this document is to address a number of questions related to Oracle's Cash Management application for Release 12.....

Question: 1. What is the impact of just ignoring all the unreconciled AP wire and AR receipts from the Bank Statement and leave them as unreconciled.?
Question: 2. Does it create any accounting entries when it reconciles AR Receipts during auto reconciliation?
Question: 3. How do we avoid any misc receipts created during auto reconciliation?
Question: 4. Can the user still continue to do manual Clearing in Cash Management for Receipts and Payments?
Question: 5. How does it affect accounting with respect to Reconciliation and Clearing.
Question: 6. Please let us know whether Leaving the unreconciled transactions (AP WIRE and AR Receipts) in Bank Statement and clear them manually in Cash Management will cause any issue?


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