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    Maullin Shah
    Bank payment "Acceptance" or "Rejection"...
    Topic posted November 16, 2017 by Maullin ShahBlue Ribbon: 750+ Points, last edited January 30, 2019, tagged Cash Management, Financials, Payables 
    245 Views, 12 Comments
    Title:
    Bank payment "Acceptance" or "Rejection" confirmation to be interfaced to Oracle Fusion Payments
    Summary:
    Bank payment "Acceptance" or "Rejection" confirmation to be interfaced to Oracle Fusion Payments
    Content:

    Hello All,

    We are using Oracle Fusion Payments functionality to make electronic payment with bank.

    We are able to built integration from Oracle AP to Bank.  Bank sends confirmation email of either "Acceptance" or "Rejection" of a particular payment.

    Now, we want Bank confirmation to directly interface to Oracle AP and appear it in Oracle.

    How can we achieve this?

    with regards, Maullin Shah

     

    Comment

     

    • Becky Alvarez

      Currently we do not support acknowledgments in Cloud Payables.  It is is a planned feature but we do have it on the road map or slotted for any release at this time.  Customers are using intraday and daily bank statements to determine if payments were successfully processed by the bank at this time.

      • Maullin Shah

        Thank u Becky for your response.

        Can u kindly suggest me metalink doc or white paper where process / setup is provide to use daily bank statements to determine if payments were successfully processed by the bank at this time?

         

        with regards, Maullin Shah

      • satyam barsaiyan

        Hi Becky,

        Any ETA when this feature will be implemented ? Also, is there a way we can manually put comments/notes after the back send ACK over e-mail ?

        Thanks

        Satyam

      • satyam barsaiyan

        Hi Becky,

        Any ETA when this feature will be implemented ? Also, is there a way we can manually put comments/notes after the back send ACK over e-mail ?

        Thanks

        Satyam

      • satyam barsaiyan

        Hi Becky,

        Any ETA when this feature will be implemented ? Also, is there a way we can manually put comments/notes after the back send ACK over e-mail ?

        Thanks

        Satyam

    • Logan Wacker

      Hi Becky:

      Is there any update to when acknowledge processing will be delivered? Using current day bank statements isn't an option clients are liking. If you're sending urgent wires through the day but only receiving current day BAI every 1-3 hrs then you're slow to react to inquiries. Also, what acknowledgement formats are currently on the road map.

      Thanks.

      Logan

    • Becky Alvarez

      Nothing is planned at this time.

    • Tausif Mulla

      Hi,

      We have a similar requirement from business to have ACK / NACK acknowledgements coming back to ERP for both payments made and payment received. 

      Request if someone could enlighten us the process to achieve this functionality in Release 13 of ERP Financials.

      Thanks !

      Tausif Mulla

      • Arun Andavar Nagarajan

        Hi,

        If you have a middleware then we can leverage Oracle REST/SOAP APIs to capture the status of the payment in DFF attributes. If it is payment is rejected we can even void the payment and capture the reject reason in the DFF attributes. If it is accepted then just capture the DFF with success status.

         

        Regards,

        Arun

    • Logan Wacker

      Hi Tausif:
      This isn't currently possible. There have been quite a few of us make this request. That said, Oracle will tell you to use current day bank statements to monitor how payments are settling through out each day.

      Thanks.

      Logan

     

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