12.1.3 Potential Duplicate Accounting For Bank Account Transfers when Running the Sweep Generation (Doc ID 1900134.1)

Last updated on JULY 30, 2014

Applies to:

Oracle Cash Management - Version 12.1.1 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.

Symptoms

Potential duplicate accounting for bank account transfers

STEPS
-----------------------

Import bank statements, and run the Sweep Generation Program to create bank initiated sweeps between internal accounts.
The program creates the sweep transactions ok and able to reconcile and create accounting.
However, there exists potential duplicate accounting for bank account transfers which do not account.

The problem is that if query the uncleared cashflows to manually clear, it seems there are transfers there to clear.

If clear them, then this will create accounting,  another set of JE's for the cashflow (duplicating the entry that was originally done
and needed with original reconciliation).   One status is 'Created' (the one pending to be cleared), the other is 'Reconciled'
(one already reconciled against a bank statement and accounting sent to GL). The BAI file, there are listed several accounts.  
If two accounts on the same file have a sweep with each other, they both obviously have a activity detail line showing the sweep out or in,
and then indicating the other account the sweep is against.  

 

Changes

None

Cause

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