Reg: Events in Cash Management R12 Class

[oracleapps1983]

I came to know there are 2 Event Class for Cash Management.
1. <b>Internal Bank Transfers</b>
This is when there is transfer between 2 bank with in the same legal entity.
2. <b>Bank Statement Cash Flow</b>

Can i know for what Journal entries are created for Bank Statement.

[jitaindar]

Hi,

System will generate the following journal entry at the time of <b>Bank Transfer</b>.

The following entry will be generate for the bank where funds receive...
Bank-1 Debit
Clearing Account Credit

The following entry will be generate for the bank where funds Issue to another bank...
Clearing Account Debit
Bank-2 Credit


Clearing account would be defined at the time of intracompany setup in GL. javascript:insertsmilie('[:)]')

Regards,
Jitaindar