How You Set Up Oracle Fusion Payments for Cash Management

To make ad hoc payments you must do the following:

• Create a payee in Oracle Fusion Cash Management.

• Review the Payment Methods in the tab; Usage Rules, for Cash Management in Oracle Fusion Payments.

• Review the payment method defaulting rules in Oracle Fusion Payments and prioritize the Cash Management Payment Method accordingly.

Creating a payee in Cash Management is a separate task than setting up suppliers in procurement. The setup done in Cash Management is strictly used for making ad hoc payments from the application. You must also review and edit the set ups in Payments to successfully make payments.

Creating a Payee in Cash Management

1. Create the payee in Cash Management. Enter the following payee information:

   Field	Required	Description
   Name	Yes	Name of the payee.
   Tax Registration Number	No	Description of the payee.
   Tax Registration Number	No	Unique identifier assigned to a payee by a tax authority.
   Active	No, but recommended.	Check box indicating if the payee is active or inactive.

2. Create the bank account information. Enter the following bank account information:

   Field	Description
   Country	Country of the bank where the bank account belongs.
   Account Number	Bank account number of the payee bank account.
   Currency	Currency of the payee bank account
   Account Type	Type of payee bank account. For example, checking or savings.
   Check Digit	The account number validation.
   Account Name	Name of the bank account holder.
   Secondary Account Reference	Additional account reference such as the Building Society Role Number in the UK.
   Bank	Name of the payee bank.
   Bank Branch	Name of the payee bank branch.
   Routing Transit Number	The routing transit number for electronic transfers.
   BIC Code	The code used to SWIFT to identify the bank or bank branch.
   Active	Check to indicate the bank account is active. The default is set to active.

3. Click the Save and Close button to save your information.

Setting Up Usage Rules in Oracle Fusion Payments for Cash Management

1. Navigate to Oracle Fusion Payments and the Create Payment Methods page.

2. Enter the following required fields: Name, Code, and From Date.

3. Select the Usage Rules tab.

4. Select the Cash Management tab

5. Select the check box Enable for use in Cash Management.

6. Determine select All or Specific.

7. Review the delivered Payment Process Transaction Types for Cash Management. Apply the appropriate payment types. The valid values are:

   • Bank Account Transfer

   • Ad Hoc Payment

8. Review the payment method defaulting rules in Oracle Fusion Payments and prioritize the Cash Management Payment Method accordingly.