Initiate Stop in AP

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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shweta.gupta
Posts: 16
Joined: Thu Dec 07, 2006 2:17 am
Location: India

Initiate Stop in AP

Post by shweta.gupta »

Hi All,

Can anyone please explain the concept of Initiate Stop in Payment workbench (Actions TAB) in AP.

We found in some cases, the option of Initiate stop is greyed out & in some its enabled (not greyed out).

Thanks
Shweta
ramu.parepalli
Posts: 31
Joined: Sat Mar 17, 2007 1:16 am
Location: India

Post by ramu.parepalli »

Payment - Stop Initiate is stopping the Payment document from making payment by banker. Usually this is done after instructing the Banker to Stop Payment.

The case of Stop Payment comes to picture when the Payment Document/ Cheque is Lost.

We can release the stop payment if cheque is found.

If you initiate Stop Payment (after stop payment date confirmation), automatically Initiate Stop is disappered and Release Stop appears. If you Release Stop, then Stop Payment appears.
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