CASH MANAGEMENT: How to Reverse a Bank Charge Created in a Lockbox Receipt After Bank Reconciliation (Doc ID 1549213.1)

Last updated on MAY 14, 2013

Applies to:

Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

You need to reverse a bank charge created after bank reconciliation.

One lockbox batch was reconciled to the wrong bank statement amount.

As an example:
Transaction valued at 36,506 reconciled against a line for 61,284.99, resulting in an error for 24,778.99 in the bank charge account.

The Manual Reconciliation tolerance was not set to zero.  When this was reconciled, system created a cleared amount that was higher than the original transaction.

How can we reverse the bank charge on each of the receipts on this batch?

Solution

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