How does Oracle cash management work?

With Oracle Cash Management, you can reconcile payments created in Payables to your bank statements. When you reconcile payments using Oracle Cash Management, Cash Management updates the status of payments to Reconciled.

What is Oracle Cash Management?

Oracle Cash Management is an enterprisewide solution for managing liquidity and controlling cash. Cash Management gives you direct access to expected cash flows from your operational systems.

What is cash clearing account in Oracle?

Cash Management enables you to reconcile payments you created in Oracle Payables against your bank statements. Automatically account for the delay in bank clearing of payments by crediting a cash clearing account when you issue a payment, and clear the balance with a cash account when you reconcile the payment.

How do I reconcile a bank statement in Oracle?

To reconcile a bank statement automatically:

1. Define your AutoReconciliation options.
2. Navigate to the Submit Request window.
3. Select the AutoReconciliation program.
4. Enter the Bank Account Number for the statement you want to reconcile.
5. Enter a statement number range in the following fields:

Where does cash inflow come from in Oracle?

Cash inflow information is immediately accessible to the cash forecast process in Oracle Cash Management from Oracle Receivables, Oracle Order Entry, and Oracle General Ledger. Cash outflow information comes from Oracle Payables, Oracle Purchasing, Oracle Payroll, and Oracle General Ledger.

What does Oracle cash management do for You?

1. Oracle Cash Management is an enterprise wide solution for managing liquidity and controlling cash. 2. Cash Management gives you direct access to expected cash flows from your operational systems. 3.

Can you automatically create accounting entries in Oracle cash management?

You can automatically create accounting entries for Bank Account Transfers and Bank Statement Cash Flows in Cash Management using the Oracle Subledger Accounting (SLA) architecture. This chapter is largely dedicated to describing the principles of the automated accounting.

When did the Oracle cash management release come out?

User Guide Release 12.2 Part No. E48900-03 August 2015 Oracle Cash Management User Guide, Release 12.2 Part No. E48900-03 Copyright © 2000, 2015, Oracle and/or its affiliates. All rights reserved.