[OAUGNet]-Reconciling EFT Payments in Oracle Cash Management

["Roger Waite" <RWaite@employers.com>]

Has anyone had any experience reconciling electronic payments in Oracle
CE?  I would think that you could reconcile them like any other check,
however, we have one that is a monthly payment to a large group of
people and it hits our bank account for the net amount.  For example we
might pay 100 people a hundred dollars each and rather than hit our
account with 100 transactions the Bank just debits our account for
$10,000.  The detail behind the transaction is composed of a series of
debits and credits to each of their accounts.  So far the electronic
payments all come from external systems and not Oracle AP.


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