How can I use social networking to address any reconciliation discrepancies?

Use the Social link on the Edit Bank Statement page to invite others to a conversation to address the discrepancies.

For example, you are a cash manager reviewing the unreconciled items on a bank statement. The conversion rate the bank is using is different than what you expect. You need to confirm the conversion rate with the accounts payable manager.

From the Edit Bank Statement page:

1. Click Social to open Oracle Social Network. Click the Share button, or click Join if collaboration has already been initiated.

2. Create a new related conversation.

3. Invite the accounts payable manager to join the conversation.

   The accounts payable manager confirms that the conversion rate used by the bank is different than what it should be.

   Based on this information, you can manually reconcile the statement line with the payment. The conversation serves as a record for the transaction.

Depending on your job role and permissions, you can access social networking features for the following Oracle Fusion Cash Management activities:

• Bank statement

• External cash transaction