Bank charges in R12

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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benny
Posts: 127
Joined: Tue Nov 28, 2006 7:08 am
Location: India

Bank charges in R12

Post by benny »

Hi Members,

Could anyone share the standard process of creating bank charges in R12 Payables. Any help is really appreciated....:)

Rgrds
Ben[?]
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tgs100
Posts: 624
Joined: Tue Jun 13, 2006 3:42 am
Location: USA
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Post by tgs100 »

Ben,

Can you pls explain what is the business scenario to create bank charges in Payables.

You should create an invoice (create the bank as vendor) debiting the bank charges account and then make paymentc from the corresponding bank account.

Cheers,
Saravanan TG
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niletra
Posts: 160
Joined: Sun Aug 24, 2008 9:58 am
Location: India

Post by niletra »

Hi

Can you Plz tell me what is the Proper Scenario


In Ap You have to Create Bank as a Vendor,

But

Best Practise You have to Create Bank Charges in AR.

Thanks

Best Rregards,
Niletra Desai
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