Setting Up Oracle Payables for Oracle Cash Management Integration

1. Define the bank account(s) that you will be reconciling, using the Banks window, and mark them as Internal.

2. For each bank account, assign the following accounts using the GL Accounts region:

• Cash Clearing
• Bank Charges
• Bank Errors

The accounts you define default to each payment document of the bank account (in the Payment Document window), where you can override them.

3. For each remittance bank accounts, assign a Remittance Account and Cash Account.

4. Set the Allow Reconciliation Accounting Payables Option to Yes using the Payables Options window if you want to use a cash clearing account and create accounting entries for bank charges, errors, and gains/losses. If you do not enable this option, you can still reconcile payments in Cash Management, but no accounting entries will be created.