R12: CE: Q&A: Clearing, Reconciliation and Accounting
(Doc ID 1066768.1)
Last updated on JULY 10, 2020
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?
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!