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How the suspense accounts of Bank Account Transfer transactions are cleared?

Discussion in 'Oracle Financials' started by yingsras, Jun 6, 2012.

  1. yingsras

    yingsras Forum Advisor

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    Hi everyone,

    I'm wondering when the suspense accounts will be cleared after transfered Bank Account Transfer transaction to GL.
    I have done on Bank Account Transfer Transaction and already transfered to GL.

    Here is the Accounting Entry that I got :

    Dr Miscellaneous Expense (71000)
    Cr Cash of Source Bank (10213)

    Dr Cash of Destination Bank (10214)
    Cr Miscellaneous Cash (72000)

    This is the setup of the Intracompany :
    Debit Balancing Segment Value All Other
    Credit Balancing Segment Value All Other
    Debit Account 71000
    Credit Account 72000

    Finally, I should got only
    Dr Cash of Destination Bank (10214)
    Cr Cash of Source Bank (10213)

    But how to clear this suspense accounts?

    Dr Miscellaneous Expense (71000)
    Cr Miscellaneous Cash (72000)

    Can anyone please advise me on this?

    Thanks,
    Ying
     
  2. yingsras

    yingsras Forum Advisor

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    Location:
    Bangkok, Thailand
    FYI

    I have logged the SR and have been informed that Currently Oracle do not support create accounting for BAT (bank account
    transfer) at creation level. You can review in this Bug Number 7656193 which is the Enhancement.

    So for doing the transaction on Bank Account Transfer, I have workaround by manually Create Journal to clear the suspense account.
    If you have any idea, please share :)

    Thanks,
    Ying