R12/CE: Bank Account Transfer Accounting Creates Two Journal

(Doc ID 1266636.1)

Last updated on FEBRUARY 11, 2016

Applies to:

Oracle Cash Management - Version 12.0.0 to 12.2.5 [Release 12 to 12.2]
Information in this document applies to any platform.


When we transfer money from bank account 1 to bank account 2, we are expecting just one journal entry that should look like this; Cash Accounts:

DR 02.1102.1101.000.00
CR 02.1102.1102.000.00

Is there a way to achieve this?

Currently You get two journals: 1.)  for the Cash account DR and another for the Cash CR, both balancing with the intracompany accounts defined on the rule.

This forced you to setup the intracompany balancing rules because when you test the BAT functionality, an error appears when try to validate the transfer:
Intercompany balancing was unable to generate the intercompany account


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