AR Unidentified Receipts to On-Account Application after Lockbox Batch Process

Summary

We have unidentified receipts due to missing Customer Details from Lockbox Processing and we want to apply these receipts to On-Account instead based on Business Unit and automate this process.

Content

Hi,

 

I just want to ask if anyone from here worked extensively with AR Lockbox Receipts processing, like automation/process improvement for Undientified Receipts application?

 

Below is our current scenario:

 

1) We receive Lockbox Files from different banks - unfortunately, some customer info are not included in the file data.

 

2) We have Oracle Integration Cloud that handles the process automatically:

2.1) Import Data using FBDI:

2.1.1) Template: 'Receivables Standard Receipt Import'