3.9 Reconciliation Rules Maintenance

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

Reconciliation is core module of Oracle® Banking Cash Management Cloud Service application and which can be performed for two categories Invoice recon and Cash flow recon.

• 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 consists the following sub-topics:

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