Payables and Cash Management - EBS (MOSC)

MOSC Banner

Reconcile Lockbox transactions

edited Aug 20, 2021 7:40AM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered

As we know Lockbox transactions are for the payments received in the bank and this file is sent by the bank.

That means the payment is already received in the bank. So, why to reconcile these statement lines? Should we avoid doing reconciliation for these bank lockbox statements?

Thanks...VS

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Payables Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center