RTGS PAYMENT

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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krishanu1434
Posts: 8
Joined: Thu Oct 16, 2008 9:52 am
Location: India

RTGS PAYMENT

Post by krishanu1434 »

Hi,


Can anyone explain me How can I Map RTGS Payment in Oracle Payables..


Thanks in Advance
siva sankar
Posts: 130
Joined: Sun Mar 11, 2007 1:47 am
Location: India

Post by siva sankar »

Hi,

There is no such facility in Oracle payables as of now.

I hope there is no concept of maintaining IFSC Codes of all bank branches in oracle payables. if that facility is avaiable, we may configure the RTGS Payments. But as per my knowledge, Its required MQ Series also, if you are directly sending to RTGS System.

We can generate the text file from Oracle Payables and we can upload the same into RTGS system.(Message Format).

They are different payment types in RTGS system.

1 Customer payment (R41)
2. Inter bank payment (R42)


Please note that RTGS system will talk only one host system.

Please let me know, If any clarifications.

Thanks & Regards,

Siva
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