Disabling the cash clearing account

[sudhir]

Friends,

Our client wants to disable the cash clearing accounts. i have listed the steps. can you verify and point out if i have missed something.
Thanks.


Ensure that no payments, receipts or reconciliations / un-reconciliations are performed while this procedure is in progress.
1. Run a transfer to GL from the sub modules (i.e. payables and receivables)
2. Post all transactions in GL
3. Run a trial balance and note the contents of the clearing account (this must be done for each clearing account, in case there are multiple clearing accounts)
4. Ensure that all the payments and the receipts are reconciled using the cash management module. This would ensure that all the transactions move in from the cash clearing account to the actual cash account. THERE SHOULD BE NO UNRECONCILED LINES.
5. Ensure that all payments (pertaining to the specific OU) are cleared and accounted
6. Repeat steps 1 to 3. Ensure that the clearing accounts have no outstanding balance.
7. If there is no balance in the clearing account, proceed to the next step. If there are balances perform steps 1-5 again.
8. Change the code-combination for the cash clearing account in the bank branch account definition. Perform this step for as many internal banks as has been defined.
9. Disable the Cash Clearing account code combination to ensure that the combination is not used.
10. Set the Begin Date in the Cash Management System Parameters to the date that you modified the clearing account. This will prevent Cash Management from viewing or updating any checks that were created before Reconciliation accounting was changed. This is an extra precaution you take to ensure there are no data corruption which may occur due to un-reconciliation of previously reconciled transactions.
11. Don't disable reconciliation accounting (Payable options). This function is not meant to be modified after first use. Changing the Reconciliation Accounting (When Payment Clears) options after Go Live is not supported. Per the Oracle Payables User's Guide: "You should not change any accounting options after you have saved your selection because that could result in the creation of inconsistent accounting entries in your system."

Regards

[pinnashanmukh]

Hi,

Its fair enough.

Taken care all the things

thanks,
shanmukh