Answer / tgs100

Below one is a generic concept of check positive pay. I didn't use it in Oracle apps.

Check positive pay is a fraud detection process. Whenever the company pays CHECK to the suppliers/employees, the CHECK details like account number, check number, issue date, check amount, etc are sent to the corresponding bank (mostly electronically) for the issued checks. Now when the supplier deposit the check, the bank software will automatically verify if there is/are corresponding check details provided to bank by the company.
If the details match, then vendor will be paid. If there is no matching record found, then bank will intimate the same to the company and company has to take necessary action. For this service, banks might charge a fee also.

what is commitment (Warranty invoice) in AR?

2 Answers   Ernst Young,

---

how data is transferred from interface table to base table ?

4 Answers  

---

What are the tables associated with Invoice?

2 Answers  

---

what is orchitecture of oracle apps 11i and R12 ?

1 Answers   Accenture,

---

1. P2P cycle with which accounts get effected at each stage

2 Answers   Apps Associates, Meru Cabs, Patni,

---

what is CCID in oracle apps ? how it works explain detail ?

1 Answers  

---

What is a Value set and types of value set?

9 Answers   Oracle,

---

Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com

1 Answers  

---

How to Raise an invoice other than functional currency in AR

2 Answers   Xansa,

---

What is the process of Third party payment in R12.1.3 version?

2 Answers  

---

what is the difference between external banks and internal banks??

3 Answers   UST,

---

Accounting Methods?

5 Answers  

---