Payables and Cash Management - EBS (MOSC)

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Question on reconciliation of reversal receipts

edited Aug 19, 2021 8:24PM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered
Hi,

1) Created receipts in AR receipts summary for $500

2) Did the reversal by clicking on reverse button and selecting the category as Reverse Payment.

Now, this transaction of $500 does not appear in CM for reconciliation but shows up in bank statements as +500 and -500. From docs, i understand reversal receipt with category of either Stop Payment or NSF will show as available for reconciliation in Oracle Cash Management. Will you be able to explain as to why other category won't show up in CE for reconciliation.

Even though for category NSF or Stop Payment will apear in CM for reconciliation, it won;t show as +500 and -500 lines. It will show both lines as +500 where one will be have the Amount cleared field populated and the other blank, basically coming as debit and credit lines. Can you let me know, if my understanding is correct.

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