2 Replies Latest reply: Oct 30, 2012 1:22 AM by Raju .G RSS

    When Cash Position Results will be updated?

    Raju .G
      Hi Experts,

      Customer created Bank Account Transfers, and Cash position. Then generated Cash Position.
      Though generated Cash Position,Cash Position Results dosen't reflect.

      Based on these, my questions are..

      1) When Cash Position Results will be updated? (They want to know the timing when.)
      The timing when a credit transfer was settled ? or The timing when Create Accounting submitted ?

      2) Why Cash Position Results dosen't reflect Cash Position ?

      Regards,
      Raju.
        • 1. Re: When Cash Position Results will be updated?
          919100
          Dear Raju,

          There are two different scenarios of Bank Account Transfers:

          Case 1: You want to settle the Transfer
          Case 2: You do not want to settle the transfer.

          If you want to settle the transfer, you first create a payment instruction for the Destination Bank (the bank to which you are transferring funds) through Oracle Funds Disbursement responsibility and then create a payment. Since this is a payment for your Source Bank so after settling the payment, you do reconciliation for Payment Transaction Type.


          if you do not want to settle the transfer, you do not need to create a payment instruction. All you need to do is to just select the option "No" while creating a transfer on the Create Transfer Screen (or alternatively define a pament template like this in which you select the option "No"). Then you do reconciliation for Receipt Transaction Type.


          In both the above cases, there are two flows:

          a. Cash Outflow (for the Destination Bank "Account)
          b. Cash Inflow (for the Source Bank Account)


          Now, before creating the Accounting and transferring entries to GL:

          1. Generate Cash Position for the Source Bank Account. You will see the amount that you transferred under the "Cash Outflow" section.

          2. At the same time, Generate Cash Position for the Destination Bank Account and you will see transferred amount under the Cash Inflow Section.

          so the timing is " BEFORE RUNNING CRAETE ACCOUNTING".

          Cheers

          Edited by: 916097 on Oct 26, 2012 3:50 AM

          Edited by: 916097 on Oct 26, 2012 3:52 AM
          • 2. Re: When Cash Position Results will be updated?
            Raju .G
            Hi Cheers,

            Thanks for ur help.

            Regards,
            Raju.