ECM-Bank Statement created from MT940 file has transaction code NMSC which be either a debit or a credit

(Doc ID 2312395.1)

Last updated on SEPTEMBER 28, 2017

Applies to:

PeopleSoft Enterprise FIN Cash Management - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

Semi Manual Reconciliation Causes Negatives to change sign

Loaded MT940 bank statement and transactions/signs look good. Accountant then creates a negative system transaction to reconcile with a negative bank transaction for a bank account transfer. When the accountant reconciles these two items, the reconcile but it then triggers all other negatively signed bank transactions to lose their negative sign!



Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms