AR Wire Payments

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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muzaffarnaim
Posts: 66
Joined: Fri Dec 15, 2006 4:59 pm
Location: USA

AR Wire Payments

Post by muzaffarnaim »

All,

Is anyone using wire transfer feature in AR? we need to automate AR wire and i need to know what would be the process to automate it.

I would appreciate for your help.

Muzaffar
abhgaur@gmail.com
Posts: 50
Joined: Wed May 16, 2007 7:21 am
Location: India

Post by abhgaur@gmail.com »

I think on a AR perpective WIRE transfer does not makes much diff. as it impacts your bank a/c.

So you may use lock box featire to create receipts from that.
muzaffarnaim
Posts: 66
Joined: Fri Dec 15, 2006 4:59 pm
Location: USA

Post by muzaffarnaim »

We are already using AutoLockbox feature and this is what i thought to include the wire payments too with Lockbox processing. Thanks for your information.

Muzaffar Naim
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