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Post-data migration process of paid Prepayment Invoices

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edited Nov 15, 2021 9:30AM in Payables, Payments & Cash Management 1 comment

Summary:

We have migrated from on-premise Fusion R8 to Cloud Financials and are experiencing an issue with the AP Control account, hoping you can help.

For Prepayment invoices, this is my understanding:

  • Any invoices in Fusion R8 with unapplied amounts were migrated over (even if they were settled).
  • They could not be migrated in a “paid” status hence were paid in Cloud from a “dummy” cash account. This corrected the AP Control account but was outstanding on the Cash Clearing account
  • We understood from our Oracle team that this “dummy payment” needed to be reversed to correct the cash clearing account. But this has created an outstanding amount on the AP Control side

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