3.5 Reconciliation Rules Maintenance

This topic describes the information to maintain the Reconciliation Rules in Cash Management system.

Reconciliation is one of the core modules of Oracle Banking Cash Management application which can be performed for two categories namely ‘Invoice payment’ and ‘Cash flow payment’.

• Invoice/Debit Note with Payment: Any outstanding invoice/debit note due from buyer can be reconciled against payment(s), as per the reconciliation rules configured in the application.
• Cashflow with Payment: Any outstanding expected cash flow raised by a corporate in the application, can be reconciled against payment(s), as per the reconciliation rules configured for this category in the application.
• Invoice with Credit Note: Any outstanding invoice due from buyer can be reconciled against credit note(s), as per the reconciliation rules configured in the application.

This topic contains the following subtopics:

• Reconciliation Rule Definition
  This topic describes the information to configure recon rules for reconciliation category in Cash Management system.
• Reconciliation Rule Decision
  This topic describes the information to set the priority for the execution of recon rules.