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One my client has implemented only Financial modules can any tell me how design workaround process for Bank Overdraft or Loan Taken from Bank

thanks

Hi oracleapps1983

you can use the misc. receipt by define 2 activities for example for the process bank overdraft or loan taken from bank.

The account will be generated like that:

Dr. \ Bank -- Receipt method
Cr. \ Activity
So you can define all activities you need in the AR module.

Thanks
Hisham

What about making payment to Bank it is done through AP module or What

Hi oracleapps

You pay to the bank, so you can use the bank as a supplier & complete your cycle in AP module with the standard cycle but you will update your accounts according to your business need.

Otherwise you can use my suggesting solution & both solution will show in the CM modules so the result will be the same but I suggest the easy way to use OD or loan transactions according to what we do it before.

Thanks
Hisham

As you said I came to know Received Loan will be maintained at AR and Payment can be made AP.

If client ask i want to know net balance of the loan what i have to do?

Hi oracleapps

You can know your balance by one of these ways:

1) Get the report from GL after you transfer all modules to GL for specific period but in this case you will lose the details.
2) Make a customized report read from each module separate & compare each other by manual process.
3) Make a customized report read for GL all details by matching this report to read all details from AR & AP.

Hope I can help you
Hisham

Hiszaki...

Thanks for reply

What i said is it enough or should i use Customer netting report for the issue. Will that enough.

Still one more doubt is what said about the customized report will it suit when Loan taken and Loan repayment.