Dummy Bank Transactions

Dummy payments are payments made from a payment bank account that isn't a real bank account.

For dummy bank transactions in Oracle Fusion Applications, manually balance the cash flow segment according to your business needs. Dummy payments are used for clearing transactions, and are classified as noncash-related transactions in Oracle Fusion Payables.

For example, consider an invoice of CNY 100 that you must pay in US dollars (USD). You must:

1. Make a dummy payment using a dummy bank account in CNY.

2. Insert a journal in the Oracle Fusion General Ledger.

3. Select a real bank account to make the payment in USD.

The cash flow amount for such dummy payments is calculated as:

Debit: 01.000.2010001.1001 (CFS) CNY 100

Credit: 01.000.9009009.0000 (CFS) CNY 100 (This is a dummy clearing account.)

When making dummy payments, manually balance the cash flow segment in General Ledger by creating an adjustment journal entry:

Debit: 01.000.9009009.0000 (CFS) CNY 100

Credit: 01.000.9009009.1001 (CFS) CNY 100