Answer / shankar ganesh c t

use Bank Account Transfer functionality in Cash Management
module to transfer funds.

(Intra-Company balancing rules are mandatory) in PL setup.

Answer / moses

In R12 Cash Management module, This can be done.
There is an option called " Bank Account Transfers", through which you can do fund transfer between two internal banks.
To Do:
1. Cash Management > Bank Account Transfers
2. Click on 'Create' button.
3. Give details of transfer date & transfer amount
4. Enter the Source Bank account Number
5. Enter the Destination Bank Account Number
6. Apply.

Answer / mihir k. vaidya

Inter Bank transfers can be handeled in two ways.

1. By using the Cash Management functionality.

OR

2. You need to create a supplier and a customer in the name
of your company.These should be used only for fund
transfers (with fund transfer sites ) You can raise a
standard invoice in AP on the Supplier ( Your Co. as
supplier ) then make the payment selecting the bank account
from which u are transferring funds.

Now in AR you can create a Debit Memo on your company's
name (Customer) and book a receipt selecting the bank in
which the funds are to be transferred and apply the DM to
the receipt.

Finally at the month end you can pass a manual JV in gl and
clear off the balance remaining in these accounts.

what is budgeting and steps required to configure this

6 Answers   Meru Cabs, Satyam,

---

I paid 10,000 Rs in advance to the employee for meeting his expenses. The employee met only 5000 expenses and the remaining 5000 he has to retern to the company. How will you define it.

4 Answers   Sonata,

---

What is ment by projection?

2 Answers  

---

Use of Pay on receipt auto invoice?

2 Answers  

---

What are diff between item master organization and child organization ?

1 Answers   Logica CMG,

---

At the receive system creates accounting entries. Are those entries created in Purchasing or Inventory module. What is the program that you run to transfer accounting entries from purchasing to GL?

1 Answers  

---

What is Proxima Payment Terms?

2 Answers  

---

What r the validations we will do in Customer Interface

3 Answers   Fidelity,

---

what is the use of matching tab in payables options in Payables module?

1 Answers   Genesis,

---

For what purpose use Mass Allocation In General Ledger. and what procedure to create mass allocation . can any body explain

2 Answers  

---

What is the use of Additinal paythrough days n AP?

1 Answers  

---

How to transfer the funds between internal banks

3 Answers   TCS,

---