3 Maintenance for Receivables and Payables
This topic describes the maintenance of reference data to be set on day zero to use the Receivables and Payables functionality.
To enable the functioning of Receivables and Payables within the Cash Management module, certain reference data needs to be set up on day zero. The user need to set up reference data like relationship master, recon rules, charges, accounting, tolerance, payment terms, etc. The user may also need to identify administrators to perform admin related tasks (creating users, assigning tasks and functions to the users as per their profile).
Maintaining Core Reference Data
Certain core reference data is required to be set up for execution of Receivables and Payables transactions such as country list, currency, customer category, holiday list, list of financial institutions/banks, branch, FX rates, and so on.
Refer Oracle Banking Common Core User Guide for setting up core reference data
This topic contains the following subtopics:
- Accounting Maintenance
This topic describes the information to setup the reference data for Accounting such as account mapping, entry codes, roles, and accounting entries in Cash Management system. - Alerts Maintenance
This topic describes the information to setup the reference data for Alerts such as contact details, definition and decisioning in Cash Management system. - Charges Maintenance
This topic describes the information to maintain the charges in Cash Management system. - Commodity Maintenance
This topic describes the information to maintain the commodity details to each supplier for creation of invoice data either through UI or upload. - Division Code Maintenance
This topic describes the information to maintain the division codes for parties in Cash Management system. - Payment Terms Maintenance
This topic describes the information to maintain specific payment frequencies and dates for buyers making bulk payments on repetitive fixed dates. - Reconciliation Rules Maintenance
This topic describes the information to maintain the Reconciliation Rules in Cash Management system. - Relationship Maintenance
This topic describes the information to create linkage between corporates and counterparty. - Tolerance Maintenance
This topic describes the information to configure an acceptable discrepancy between invoice/cashflow outstanding amount and payment amount to enable automatic matching of invoices/cashflows with the respective payment records.