Cash Customer Repayment Check
Explanation
This activity is used to cash a customer repayment check. Confirmation by the
payment institute that the check is cashed can be used as a basis for reporting.
Prerequisites
In order to perform this activity:
- A mixed payment of the Not Approved status should exist.
- A customer repayment check should exist.
System Effects
As a result of this activity, the following would take place once the mixed
payment is approved.
- A voucher of voucher type B will be created. The customer
repayment check amount will be debited based on the posting rules defined
for the PP76 posting type. The cash account will be credited based on
the posting rules defined for the PP1 posting type.
- The status of the customer repayment check will change to Cashed.
Window
Mixed Payment
Related Window Descriptions
Mixed Payment
Cash Issued Checks
Procedure
To cash a customer repayment check:
- Open the Mixed Payment
window and search for the mixed payment you want to use for cashing the
customer repayment check.
- Create a new record in the Transactions
tab.
- Select Cash Customer Repayment Check for the Payment
Transaction Type field.
- Enter the currency of the check you want to cash in
the Currency field. The List of Values can be used to select the
relevant currency.
- Enter the series ID of the check you want to cash in
the Doc Series ID field and enter the check number in the Payment
Doc No field. The List of Values can be used to select them.
- Save the information.
To cash multiple customer repayment checks:
- Open the Mixed
Payment window and query
for the mixed payment you want to use for cashing the supplier checks.
- Click on the Transactions tab.
- Right-click on the table and click Open Issued Checks to open the Cash
Issued Checks dialog box.
- Select one or more customer repayment checks you want to cash
and click OK. A transaction of the Cash Customer Repayment Check
transaction type will be created for each customer repayment check you selected.
- Make any modifications to the transaction lines
created if required.
- Save the information.