Banks Window Reference (Oracle Receivables Help)


	Previous	Next		Contents	Index	Navigation	Glossary	Library

Banks Window Reference

Bank region

Name: The name of the bank.

Alternate Name: You can enter an alternate name for your bank if you enable the AP: Enter Alternate Fields profile option. If you do not enable this option, the Alternate Name field will not appear.

Number: Identification number of the bank. The system uses this information to identify the bank in payment formats that use electronic payment methods. The combination of Bank Number and Branch Number must be unique.

Bank Branch Region

Name: The name of the bank branch.

Alternate Name: You can enter an alternate name for your bank branch if you enable the profile option AR: Enter Alternate Fields. If you do not enable this option, the Alternate Name field will not appear.

Number: The number of the bank branch. Receivables uses this information to identify the bank branch in payment formats using electronic payment methods, in creating positive pay files, and when laser printing the MICR line on checks. If you are using positive pay to notify this bank of payments, you must accurately enter the American Bank Association 9 digit transit routing code in this field if this is a U.S. based bank.

Type: The banking organization to which this branch belongs.

Remaining Bank Branch Information

Institution: Enter either Bank or Clearing House to indicate what type of bank branch you are defining.

Bank: A bank in which you have a disbursement and/or receipt account. Or a bank in which your customer has a disbursement account, or your supplier has a receipt account.

Clearing House: A bank that processes a magnetic tape of your receipt information that you send to it. The clearing institution then creates tapes of your customer receipt information which it forwards to each of your remittance banks.

Description: A description (up to 240 characters) of the bank or bank branch.

Inactive After: If you enter an Inactive After date, during transaction entry, after this date the bank's accounts will no longer appear on any lists of values in Payables, and you will not be able to enter the bank accounts when you enter transactions.

EDI ID Number: Supplier's Trading Partner ID. This value is your unique EDI identifier for the supplier.

EDI Location: The Electronic Data Interchange (EDI) location code for this bank. For more information, refer to the Oracle EDI Gateway User's Guide.

EFT Number: Your company's EFT (electronic funds transfer) user number. This number is used to identify your company on any EFT transmissions with the bank.

Contact Region of Banks Window

Enter information for person you use as a contact at the bank branch. You can enter additional contacts in the Account Contacts region of the Bank Accounts window.

Prefix: The prefix (Mr., Ms., etc.) of the contact.

Clearing House Alternative Region of the Banks Window

Clearing House: The name of the clearing house institution that you want to assign to this remittance bank branch. Clearing houses process a magnetic tape of your receipt information which you send to them. These clearing institutions then create tapes of your customer receipt information which they forward to each related remittance bank.

Branch: Enter the branch of the clearing house institution that you want to assign to this remittance bank branch. Receivables requires that you define your bank branches that have an Institution Type of Clearing House before you define your bank branches with an Institution Type of Bank. You can assign clearing houses to your bank branches.

Clearing House Programs Alternative Region of the Banks Window

This region is only available if you are entering or reviewing information for a Clearing House.

Print Program: The printing program to assign to this remittance bank branch. Receivables uses this program to format the listing of remitted receipts for this bank branch. Receivables provides one standard remittance printing program. If you need a different remittance printing format, you need to copy then modify the standard program that Receivables provides.

Transmission Program: The name of the transmission program to assign to this bank branch. Receivables uses the transmission programs that you define to format your automatic remittances for this remittance bank branch on to a magnetic tape.