Bank Transfer

8/10/2019 Bank Transfer

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Bank Transfer:

To create bank transfer journal and then transfer this journal to GL make sure that you

have done the following:

1-Allow bank use and transfer through ser !anagement "es#onsibility

$-Allow %ntercom#any through your Ledger then define "ule &ategories ' (efault

)#tions through your ledger o#tions to define the clearing account that will be used

through bank transfer as the journal will be as follow:

(r* &learing Account&r* 1$+,. Bank

(r* /1$10/1 Bank

&r* &learing Account

After (efining those two o#tions now you can use )racle Bank Account Transfer

eature*

(efine two banks with two account numbers 1$+,. ' /1$10/1

Then the case is to transfer $22222 from 1$+,. Bank to /1$10/1 Bank

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$


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Then choose the transfer date

Transfer &urrency

Transfer Amount

Bank Account 3umber 45ource Bank that will transfer the cash6

Bank Account 3umber 4(estination Bank that will receive the cash6

Then #ress A##ly

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Then #ress 7alidate

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&hoose the bank account and the GL (ate for the transfer and enter the bank

statement number

Then 8ress Lines

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This statement for 1$+,. Bank

Then enter the line number and the amount then #ress Available

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8ress (etails

Then choose &ash !anagement and write the transfer amount then 8ress ind

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Then select the line and #ress "econcile

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&lose the window

Then 8ress 3ew to enter the statement for the other Bank /1$10/1 which will receive

that cash transfer

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ou will do the same ste#s for the other bank but the line will be recei#t not #ayment

As you see above you entered the bank account number; GL (ate and 5tatement

3umber*

Then 8ress Lines

Then write the line number and the ty#e will be "ecei#t and write the transfer amount

then 8ress Available*

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5elect the line then "econcile

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1,


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Then run &reate Accounting re


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A##lication 8arameter List of 7alue with out &ash !anagement

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This error means that the 5ub Ledger Accounting !ethod does not contain cash

management a##lication 4This error is much common with >ncumbrance Accrual

!ethod6

To solve this error:

5witch to GL

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ind your Ledger

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All a##lications available for this method will a##ear

&ash !anagement a##lication is not available for this Accounting !ethod assigned to

your ledger

Add &ash !anagement A##lication to your accounting method

$2


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Then 5ave and close the form

$1


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"un &reate Accounting "e


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$,


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Documents

Bank Transfer