Apply cash receipts for invoices created in a different ledger
Our client has a business case where they apply cash receipts of invoices created in a transaction business unit that belongs to a different ledger. This is a feature supported in their legacy system. I noticed cash receipting in Oracle Receivables Cloud is currently supported across transaction business units that share the same ledger.
I have seen Oracle have raised a bug # 24498057 for cross ledger support but there is no release date specified. Does anyone know when this feature is earmarked for release.?
Secondly, In Oracle or client will create bills via project billing module so I wonder how have other implementations managed to propose a business process to address this problem. Could intercompany transactions be a half way house solution via project billing?. Our client uses a legacy system which also operates an automated cash receipting process. I was hoping to use lockbox functionality. However I wonder what else should I bear in mind as this complexity brings potential challenges in lockbox processing too.