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• from a single bank to a single bank

• from a single bank to all banks (i.e., to all banks including the transferring bank)

• from a single bank to all other banks (i.e., to all banks except the transferring bank)

• from all banks to a single bank

• from all banks to all banks

Note: Both Oracle Payables and Oracle Receivables users use this window. If you use both of these products, bank charges information you enter is shared between the products.

Defining Bank Charges

Attention: Different countries have different guidelines for using Bank Charges. If you use bank charges, refer to your country-specific documentation to see how you should use this feature.

Prerequisites

   Define internal and external bank accounts. See: Defining Bank Accounts.

   To define bank charges:

1. Navigate to the Bank Charges window.

2. In the Transferring Bank region, select the Transferring Bank:

• Bank. To specify a single bank, select Bank from the poplist and select the bank number or bank name from the list of values.

If the charges are specific to a particular branch of that bank, select Branch from the poplist and select the branch number or name from the list of values. If the charges apply to all branches of the bank, select All Branches from the poplist.

• All Banks. To specify that the charges apply to all banks, select All Banks from the poplist.

3. In the Receiving Bank region, select the Receiving Bank:

• Bank. To specify a single bank, select Bank from the poplist and select the bank number or bank name from the list of values.

If the charge is specific to a particular branch of that bank, select Branch from the poplist and select the branch name or number from the list of values. If the charges apply to all branches except the transferring branch, select Other Branches from the poplist. If the charges apply to all branches of the bank, select All Branches from the poplist.

• All Banks. To specify that the charges apply to all banks, select All Banks from the poplist.

• Other Banks. If you selected a single transferring bank and want to specify that the charges apply to all banks except the transferring bank, select Other Banks from the poplist.

4. Enter the Currency.

5. Enter transfer amount ranges. Enter 'From' and 'To' amounts to indicate the transaction amount range. Note the following:

• The first range must start from zero; enter 0.00 in the first transaction amount 'From' field.

• The last range must be open-ended; do not enter data in the last transaction amount 'To' field.

• The 'To' amount from one range is the 'From' amount for the next range. The system does this for you automatically. Each range goes up to, but does not include, the 'To' amount. For example, the first range is $0 to $500, and the second range is $500 to $1,000. The charge for the first range will be applied to amounts up to $499.99. The charge for the second range will be applied to amounts from $500 to $999.99.

6. Enter the Standard bank charge for the range (optional for Receivables; required for Payables).

7. Enter the Negotiated bank charge for the range (optional).

8. Enter a tolerance limit. Enter zero if you do not want to allow a tolerance limit. The tolerance limit indicates the amount that a receipt can differ from an invoice and still be accepted by the system. The exact rules for matching receipts and invoices depend on how the AutoCash rules are defined. See AutoCash Rules

9. Enter the Effective Dates, the dates during which the bank charge will be effective. Leave the 'To' date field blank if you want to indicate that the charge is in effect indefinitely.

See Also