R12/CE: Method To Record A Cancelled Payroll Partial EFT -- Unclear In Application (Doc ID 2225024.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Cash Management - Version 12.0.0 to 12.2.6 [Release 12 to 12.2]
Information in this document applies to any platform.

Goal

Method to record a cancelled Payroll partial EFT -- unclear in application

Scenario: Client issues Payroll to employee as EFT's to 3 separate bank accounts. Bank accordingly deducts funds from Client bank account.

After a period of days Bank determines that it can't complete one of the EFTs and accordingly credits Client's bank account.

Please explain the application and process to record into Oracle:
The increase to the Cash in bank Account and establishment of a liability for the undelivered funds.

A) Assuming the bank issues a credit back in a bank statement file.

B) Assuming there is no credit in a bank statement to process (bank notified client by mail)
 

Solution

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