From AP perspective, the below accounting entries will help in answering your question:- 1. When AP Payment is made, the below accounting entry is generated:- AP Liability A/c Dr Cash Clearing A/c Cr 2. After Reconciling the AP Payment with Bank statement, the below accounting entry is generated:- Cash Clearing A/c Dr Cash A/c Cr Note:- If you are not using cash management Bank Account reconciliation functionality, then mention same account under both Cash and Cash Clearing account
Thanks for posting such elaborate vidoes that are highly useful for many viewers. Can you please post more videos on CM covering importing bank statements and CM Period Close as well?
Sir, in my company LEs are already working and there are many LEs and I am new in the company. Now when I am adding a particular LE to a new bank branch then only 2 LE are showing. I am not sure that is it because of User Management setup or it is a Security profile issue? Can you help it's a running system a d a old LE.
@@OracleEbizandFusionVideos Sir can it be HR security profile as well. Is there a way to find out without having access to User Management. Thanks so much for answering. Big Fan.
Very thank you for this session.
Thanks for your feedback
Hi Arvind, could you please make video on payment setups like payment profiles, payment templates etc
See if the below is the video you are looking for:-
th-cam.com/video/wIt7VXcYEoY/w-d-xo.html
Hi Sir, What is the difference between cash and clearing account in Manage Bank account. Thanks in advance
From AP perspective, the below accounting entries will help in answering your question:-
1. When AP Payment is made, the below accounting entry is generated:-
AP Liability A/c Dr
Cash Clearing A/c Cr
2. After Reconciling the AP Payment with Bank statement, the below accounting entry is generated:-
Cash Clearing A/c Dr
Cash A/c Cr
Note:- If you are not using cash management Bank Account reconciliation functionality, then mention same account under both Cash and Cash Clearing account
Thanks for posting such elaborate vidoes that are highly useful for many viewers. Can you please post more videos on CM covering importing bank statements and CM Period Close as well?
Sure
@@OracleEbizandFusionVideos Hi Sir, Can you please post videos on Automatic Bank Reconciliation and Cash Forecasting. Thanks
@@srinicreation4153 Sure....
Hi Srini, please below video on Cash Management Bank Statement Import process in fusion cloud:-
th-cam.com/video/lO3l7ZTGcwg/w-d-xo.html
Sir, in my company LEs are already working and there are many LEs and I am new in the company. Now when I am adding a particular LE to a new bank branch then only 2 LE are showing. I am not sure that is it because of User Management setup or it is a Security profile issue? Can you help it's a running system a d a old LE.
Yes, it could be either user management setup or MO: Security profile assigned to that responsibility do not have access to the concerned OU
@@OracleEbizandFusionVideos Sir can it be HR security profile as well. Is there a way to find out without having access to User Management. Thanks so much for answering. Big Fan.
@@aapsebaat5627 Check MO:Security Profile option assigned to this resp and see if that security profile have access to this OU
can you share this excel file? thanks
You can refer BR100 for Cash Management under my Telegram channel. This BR100 has the excel referenced in this video
Hlo
Hello