Payables and Cash Management - EBS (MOSC)

MOSC Banner

Cash Management handling Direct Debits

edited Aug 20, 2021 7:44AM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered

Hi

Currently our Business Pays Direct Debits outside of Oracle as we pay DD vendors before Invocies are received. Therefore when we receive the Bnak Statment we have no payment number to automatically reconcile the statements. The current process is that DD invocies are done as CLearing Payments in Oracle. The bank team downlaod the Clearing payment numbers and update the Bank Statement Lines for DD payments with the Clearing payment number so it can be reconciled via Autoreconcilaiton process.

Has anyone any suggestions on how we could automate this process? Currenlty it takes a number of hours to complete the existing process

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