Define Internal Bank Accounts
Define internal bank accounts to control payments. You must define separate accounts for payment process requests and nonpayment process requests payments.
For payment process requests, use existing GL account numbers for Cash and Cash Clearing accounts. Use these account details to help you:
Cash Account |
Cash Clearing Account |
---|---|
Disbursements in Transit GL account number |
Fund Balance with Treasury GL account number |
For nonpayment process requests, use these account details:
Cash Account |
Cash Clearing Account |
---|---|
Fund Balance with Treasury GL account number |
Fund Balance with Treasury GL account number |
You can access the Manage Bank Accounts task from the Cash Management and Banking functional area.