Cash Management

This section contains enhancements in Infor Financials and Supply Management.

Added Cash Posting Account

The Cash Posting Account was missing in the Company Cash Code list.

Program/Business class/Process affected:

CompanyCashCode

To test the enhancement:

In Cash Setup, select Company Cash Codes. Ensure that the list includes the Cash Posting Account column. These columns must not be visible in the list: Transfer Clearing Account, Payment Clearing Account, and Electronic Payment Account.

JT-1663352

Fixed Cash Transaction Category User Field values issue

Enable user-defined fields in Cash Transaction Category to flow through these business classes when a Cash Ledger Transaction or Bank Statement Line Distribution is created during the reconciliation process (based on Posting Option):

  • CashLedgerGLDistribution/BankStatementLineDistribution
  • GLTransactionDetail

Program/Business class/Process affected:

  • BankStatementLine
  • BankStatementLineDistribution

To test the enhancement:

  • Verify that the Cash Transaction Category Posting Option is set to Post to Cash Ledger. Any user-defined fields must flow through to the GLTransactionDetail record.
    Note:  User-defined fields must be set up on Cash Transaction Category, Cash Ledger GL Distribution, and GL Transaction Detail.
  • Verify that the Cash Transaction Category Posting Option is set to Post to Global Ledger. Any user-defined fields must flow through to the GLTransactionDetail record.
    Note:  User-defined fields must be set up on Cash Transaction Category, Bank Statement Line Distribution, and GL Transaction Detail.

JT-1667951

Fixed Cash Ledger Transaction defaults in manually-created distributions

Enable user-defined fields in Cash Transaction Category, without accounting information, to flow through these business classes when a Cash Ledger Transaction or Bank Statement Line Distribution is manually created during the reconciliation process:

  • CashLedgerGLDistribution/BankStatementLineDistribution
  • GLTransactionDetail

Program/Business class/Process affected:

  • CashLedgerGLDistribution
  • BankStatementLineDistribution

To test the enhancement:

  • Verify that the Cash Transaction Category Posting Option is set to Post to Cash Ledger without accounting information. Any user-defined fields must flow through to the GLTransactionDetail record when the distribution is manually created.
    Note:  User-defined fields must be set up on Cash Transaction Category, Cash Ledger GL Distribution, and GL Transaction Detail.
  • Verify that the Cash Transaction Category Posting Option is set to Post to Cash Ledger without accounting information. Any user-defined fields must flow through to the GLTransactionDetail record when the distribution is manually created.
    Note:  User-defined fields must be set up on Cash Transaction Category, Bank Statement Line Distribution, and GL Transaction Detail.

JT-1678973

Reverse auto-posting of out of balance bank statements

This change prevents incorrect auto-posting of out of balance bank statements. Customers can now manually bypass the import error caused by the out of balance bank statement.

Program/Business class/Process affected:

  • BankStatementInterfaceHeader
  • BankStatementInterfaceHeaderError

To test the enhancement:

  1. Select the ValidateImportedBankStatementBalance option for any CashManagementGroup to enable validation.
  2. Import an MT940 with an incorrect/mismatching ending balance for an account. The previous balance is added to the sum total of Transaction Lines from the MT940, and compared with the ending balance.
  3. Verify that an error is created and the import does not proceed. From the error, select the Ignore Out Of Balance and verify that the import proceeds. Alternately, correct the mismatch in the MT940 and re-import.
  4. Import an MT940 with multiple accounts having incorrect ending balances.
  5. Verify that an error is created and the import does not proceed. From the error, select the Ignore Out Of Balance and verify that the import proceeds. Alternately, correct the mismatch in the MT940 and re-import.

JT-1480188