Overview of Oracle EBS R12.2 Bank Payment Acknowledgement Processing in Payments Module

 

In this post I'm showing the EBS Payment Acknowledgement functionality delivered by Oracle starting with Release 12.2, or higher.

To prepare this demo I have used Oracle Support note 1493240.1 - R12.2: Bank Payment Acknowledgement Processing in Oracle Payments/Payables.

I have found this new functionality very useful as in my past projects we identified as a gap the payment acknowledgement process when the bank messages were handled outside EBS (by email) or by a custom solution (custom tables to store bank messages and custom reports to be published to business users).

Payment Acknowledgement functionality is about to load and display in EBS the bank processing status for each of your supplier/employee payments after successful transmission of the payment file to your bank.

Starting with release 12.2 a standard API is available to load acknowledgement file but the load of files to EBS database and call of API is subject of additional development.

From a setup point of view only Bank Acknowledgement Code Setup is required as your bank status codes should be mapped to ISO statuses provided by Oracle Payments:

• Accepted technical, syntactical and profile; passed to back office          (BACKOFF)
• Accepted back office; passed to clearing          (CLEAR)
• Accepted with change   (ACCC)
• Pending further processing        (PEND)
• Rejection          (REJECT)

From EBS process point of view this functionality will just show to you the bank status of your payment but will NOT:

• Void/change EBS payment status in Oracle Payments/Payables 
•  Impact bank reconciliation process in Cash Management

View end to end demo about EBS Payment Acknowledgement functionality delivered by Oracle starting with Release 12.2, or higher. 

For this demonstration I have used the E-Business Suite 12.2.4 VM Virtual Appliances provided by Oracle Software Delivery Cloud 

 

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