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Reconcile Bank charges , fees on statement line without creating External Transaction

in Payables, Payments & Cash Management 1 comment

Hi Everyone,

We have a requirement from a client where consolidated bank statement file will come from Kyriba i.e external treasury tool to fusion CM

  1. First Que: Can the consolidated bank account files{available in CSV,EXCEL,HTML}can be loaded into Oracle fusion CM

Payable transaction will be reconciled in CM but bank charges and fees will be directly flowing from Kyriba to Oracle GL.

SO one approach is to reconcile those lines of bank statement i.e. for bank charges, fees is to import from transaction source as journal in system transaction and reconcile in CM with statement lines

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