Cash Management integrates with primarily Oracle Payables and Oracle Receivables to help with reconciling payment transactions from payables and receipts from receivables.
Accounting entries that are related to transactions that are created when Cash Management clears, reconciles, or reverses transactions is managed by payables and/or receivables. No accounting entries are generated in Cash Management. All accounting entries are created within the Oracle Payables or Oracle Receivables products respectively.
Oracle Receivables allows creation of automatic receipts that can be cleared using Cash Management.
The following are the highlights of what you can achieve with Cash Management integration with receivables:
Clear and reconcile receipts
Undo the reconciled status of a reconciled receipt
Undo the cleared status of a cleared receipt
Navigate to receivables where you can create or reverse receipts
Create miscellaneous (non-invoiced) transactions...