Bank reconciliation

[razashahaca]

Dear Gurus

Can you please let me know how to do the bank reconciliation in Oracle cash management b4 transfer to GL.

[vinodgayatyri]

hi razashahaca,

There are two ways in doing reconclisation in CM.

1. maual reconclisation

2.Auto reconclisation.

based on that i ca explain you .

[tgs100]

"How to do reconciliation" is a broad subject. As vinod rightly said, you should first decide on the method you are going to follow.

Auto Reconciliation
============
1. Receive the bank statement from bank in the prescribed format.
2. Upload the bank statement (You should develop the script if not in standard formats) or enter the bank statement manually
3. Run Auto reconciliation
4. Review and take appropriate steps in case of rejections

Manual Clearing
==========
1. Query the transactions
2. Select the transactions for reconciliation and enter the proper GL Date
3. Save

Cheers,
Saravanan