Clearing Invoices/Credit Memo payments that net to zero

Summary

Transactions that create payments that would net to 0 are never picked up and cleared in Oracle

Content

Hello everyone -

Issue:

Since banks do not accept transactions that net to 0, they are excluded in all payment runs. This causes invoice/credit memos that net to 0 and 0 expense reports to sit on the system with no means of clearing the liability. This makes it difficult to easily recognize invoices that need to be addressed.  Given that unpaid items for a supplier do not close out the liability when a supplier has invoices with offsetting credit memos that net to zero, these items can be cleared from the open transactions in Oracle.