One of your ideas has been delivered from your suggestion.External Transaction and Payment File Drilldown

Drill down to external transactions and payment files from Bank Account Transfers and Ad Hoc Payments to achieve enhanced visibility, transparency, and control over financial operations. This capability simplifies reconciliation by enabling accurate matching of internal and external data, reducing discrepancies, and ensuring data integrity.

Business benefits include:

  • Enhanced Visibility: Provides a detailed view of related external transactions and payment files for better tracking and monitoring.
  • Simplified Reconciliation: Enables accurate matching of internal and external records, reducing errors and discrepancies.
  • Improved Audit Readiness: Maintains traceable, comprehensive transaction data to support compliance and reviews.
  • Faster Issue Resolution: Allows quick identification and correction of discrepancies in transactions.
  • Better Financial Decision-Making: Supports informed decisions with complete and accurate transaction insights.
  • Efficient Cash and Liquidity Management: Optimizes cash flow monitoring and liquidity planning through consolidated transaction visibility.

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources

  • Based on Ideas 851997 and 841225 from the Payables, Payments & Cash Management Idea Lab on Oracle Cloud Customer Connect