Can Payment Processing and Bank Reconciliation processes be happening at same time? — Cloud Customer Connect
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Can Payment Processing and Bank Reconciliation processes be happening at same time?

in Payables, Payments & Cash Management 3 comments

Summary:

We are trying to troubleshoot why Payable Payments did not post correctly - crediting cash account. Our pooling accounts are set up with SLA rule to populate a segment of the cash distribution account. This is the 3rd or 4th event since go live we have seen this happen. We we cannot determine cause. We will add an SR but not confident we can get an answer since payments are from 2/23/2024 and we have tried that route in the past.

So question becomes - will or could (create bank statement transactions and autorecon) bank reconciliation process impact payment processing if both are happening at same time?

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