Steps for automatic bank reconciliation

I want to use the functionality of automatic reconciliation of bank reconciliation, but face some problems. Here are the steps I performed.

Step 1-

Created a class of reception with creation method-manual method - no. discount discount, clearance method - by automatic compensation

Step 2-

Create an invoice and receipt

Step 3-

Run the transactions available to the reconciliation report. The transaction created above does not appear in the report

Step 4-

Manually load the bank statement

Step 5-

Run the auto-reconciliation program

Step 6-

Asked the bank statement but still transaction remained unreconciled.

Grateful if someone can help. Are there steps that I missed or extra parameters?

(I used the bank reconciliation whitepaper r12 Oracle through a case study)

Thank you

You must set the bank transaction codes (mandatory configuration) in order to run autoreconciliation.

If you create a manual bank statement in 11i and do not give the Transaction codes, you can still semi-auto, however, R12, you can not semiautomatic without Transaction codes on the statement line.

Tags: Oracle Applications

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