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New Features in Oracle Cash Management Release 11

This section contains an overview of changes we made to Oracle Cash Management between Release 10.7 and Release 11.

Cash Forecasting

This release contains the production version of the Cash Forecasting feature, which was introduced as a Beta feature in Release 10.7.0.16SC. Cash forecasting is a planning tool that helps you anticipate cash inflow and outflow based upon historical and in-process transactions from other Oracle Applications. For the Beta release this included General Ledger, Payables, Receivables, Order Entry, and Purchasing. The Beta version allowed you to define cash forecast templates that you use to generate periodic cash forecasts. You could query and print cash forecasts, or export the data to Microsoft Excel spreadsheets, allowing you to take full advantage of familiar Excel functionality.

About Cash Forecasting (Oracle Cash Management User's Guide)

Cash Forecasting Integration with Payroll

With Release 11, Cash Management also provides integration with Oracle Payroll. The selection criteria for payroll payments include business group, bank account, payment method, roll forward type and period, and payroll.

About Cash Forecasting (Oracle Cash Management User's Guide)

Forecasting Open Interface and Distributed Database Integration

Release 11 Cash Forecasting allows you to utilize the following external sources of data as cash inflow and outflow data for the Cash Forecasting feature, providing you an enterprise-wide cash forecasting solution on a distributed database environment:

For each expected cash transaction from an external system, you can specify the source, expected cash activity date, amounts, and other selection criteria values.

You can generate a cash forecast and the Forecasting Open Interface automatically retrieves information available from the external forecast sources you have defined.

Forecasting Open Interface (Oracle Cash Management User's Guide)

Other Cash Forecasting Enhancements

You can submit cash forecasts with user-defined currency exchange rates, allowing you an enhanced multiple currency reporting option with what-if scenarios.

You have the flexibility to include or exclude overdue transactions for all appropriate source transaction types in your forecasts.

Report eXchange Integration with Cash Forecasting

Oracle Report eXchange (RX) is a new application for Release 11 that lets you download data from selected Oracle Applications to the desktop application of your choice, so that you can take advantage of desktop application features. You can use Report eXchange to submit the Cash Forecast Report and thus export cash forecasts to other spreadsheet applications, such as Microsoft Excel.

Cash Forecast Report (Oracle Cash Management User's Guide)

Bank Reconciliation - Bank Errors and Corrections

Oracle Cash Management now provides reconciliation of corrections and adjustments to error statement lines. You can automatically or manually reconcile correcting statement lines against error statement lines, providing an audit trail you can use to verify correction of bank errors.

For example, if your bank erroneously records a $50 payment as $500, your bank statement may show three statement lines: $500, <$500>, and $50. You can reconcile the <$500> correction against the $500 error statement line, and the $50 statement line against the original payment.

Reconciling Corrections and Adjustments to Bank Errors (Oracle Cash Management User's Guide)

Bank Reconciliation - Matching

Oracle Cash Management's AutoReconciliation program now matches payments and receipts by supplier or customer bank account number and invoice number. This feature is particularly useful for electronic payments, for which bank statements may not include check numbers (transaction numbers), but do include invoice numbers and supplier/customer bank account numbers.

Matching Bank Statement Lines with Transactions (Oracle Cash Management User's Guide)

Save and recall in-process transactions

When you are working in cash forecasting or reconciliation windows, you can iconify the window and put it on your Navigator. Later, when you restore the icon, Oracle Cash Management will reopen the window and query the transaction you were working on. You can use this feature from any of the following windows:

For more information, see: Using the Navigator's Documents Region (Oracle Applications User's Guide)

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