Guided Demonstration - Understanding the Matching Process

(Required)
Distribution
R12 Oracle Cash Management Fundamentals

Ownership
The Job Title [list@YourCompany.com?Subject=LABxxxxx] is responsible for ensuring that
this document is necessary and that it reflects actual practice.

Copyright © 2007, Oracle. All rights reserved.

Guided Demonstration - Understanding the Matching Process (Required)

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Guided Demonstration - Understanding the Matching Process
(Required)
Overview
In this demonstration you will learn about the matching process.

Assumptions
 Replace XX with your terminal number.

 You must have access to an Oracle Application Vision database or comparable training
or test instance at your site on which to complete this practice.

Tasks
Understanding the Matching Process

1. Understand the Matching Process in Payables

The Oracle Cash Management AutoReconciliation program fully matches Oracle Payables
transactions against bank statement lines if the transactions meet the following criteria:

 The transaction currency is the same as the bank statement line currency.

 For payment batches (such as EFT batches), the reference or payment batch name
matches the statement line transaction number, and the transaction amount is within the
reconciliation tolerance.

 For the detail payment transactions and stopped transactions, the matching sequence is
the same. First the program tries to match against the invoice number and supplier bank
account, and then just the invoice number, and finally the payment number. Also, the
transaction amount is within the reconciliation tolerance.

 For stopped transactions, the payment must first be stopped or voided in Oracle
Payables.

2. Understand the Matching Process in Receivables

The Oracle Cash Management AutoReconciliation program fully matches Oracle

Receivables transactions against bank statement lines if the transactions meet the following
criteria:

 The transaction currency is the same as the bank statement line currency.

Copyright © 2007, Oracle. All rights reserved.

Guided Demonstration - Understanding the Matching Process (Required)

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  For remittance batches (such as direct debit batches), the remittance batch deposit
number or receipt batch name matches the statement line transaction number, and the
transaction amount is within the reconciliation tolerance.

 For detail remittance transactions, NSF, and rejected transactions, the matching
sequence is the same. First the program tries to match against the invoice number and
customer bank account, and then just the invoice number, and finally the receipt
number. Also, the transaction amount is within the reconciliation tolerance.

 For NSF or rejected transactions, the receipt must first be reversed in Oracle
Receivables.

3. Understand the matching process for Miscellaneous Transactions

The Oracle Cash Management AutoReconciliation program matches miscellaneous

transactions if the transactions meet the following criteria:

 If the transaction type matches to regular miscellaneous transactions:

 The transaction amount is within the reconciliation tolerance.

 The receipt number matches the statement line transaction number.

 If the transaction type matches to correction statement lines:

 For reversal corrections, the statement line has the same transaction number, same
amount, and opposite transaction type (for example, miscellaneous receipt and
miscellaneous payment).

 For adjustment corrections, the statement line has the same transaction number, and has
a transaction type of payment, receipt, miscellaneous payment, or miscellaneous
receipt, and the net amount is within the reconciliation tolerance.

Copyright © 2007, Oracle. All rights reserved.

Guided Demonstration - Understanding the Matching Process (Required)

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4. Understand the matching process for general ledger.

The Oracle Cash Management AutoReconciliation program matches Oracle General Ledger
journal transactions if the transactions meet the following criteria:

 The journal line is posted.

 The journal line accounting flexfield matches the bank account’s Asset Accounting
flexfield (translation: the cash account…not cash clearing).

 The journal line description matches the statement line transaction number.

5. Understanding matching process for Cash Management Cash Flows

 Bank Reference Number in cash flow matches the statement line transaction number.

 The transaction amount is within the reconciliation tolerance.

Copyright © 2007, Oracle. All rights reserved.

Guided Demonstration - Understanding the Matching Process (Required)

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