How does Oracle support reconciliation of supplier refunds with Autoreconciliation program?
(Doc ID 1928534.1)
Last updated on NOVEMBER 20, 2020
Applies to:Oracle Receivables - Version 12.0.6 and later
Information in this document applies to any platform.
How does Oracle support reconciliation of supplier refunds with Autoreconciliation program ?
We have supplier refunds in AP modules.
We create a Credit Memo and do the refund transaction and receive the money in cheque.
We deposit the cheque in bank.
Bank statement provides bank statement line as 'RECEIPT' since we deposit the cheque in bank.
Now, we don't have any option to match 'Receipt' type of transaction with Payable refund transactions because these transactions are done in AP.
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