To return a check that was part of a summarized check deposit:
-
Using your bank records, search the Bank
Reconciliations form for the deposit date that matches the
rejected check's deposit date.
Note: The Bank
Reconciliations form includes summarized transaction records.
Therefore, it may not be possible to match the exact check amount
on your bank record with the exact check amount on the Bank
Reconciliations form. If the Bank
Reconciliations form displays multiple deposits on the
day in question, use your best judgment in determining the proper
row to modify. As long as you enter the correct amount, modifying
the wrong row will not cause any problems.
-
Modify the number in the Bank Amount
field to reflect the actual amount deposited in the bank. The difference
between the two numbers should equal the amount of the returned check.
-
Add a new Bank Reconciliations record,
with this information:
- Type
- Specify Deposit
- Amount
- Specify the [returned check amount.
- Bank Amount
- Specify 0.
- Ref Number
- Specify the customer number.
- Customer Check Number
- Specify the check number.
- Returned Check?
- Specify Selected.
- Returned Check Fee?
- Accept the default from the A/R Parameters
form or clear the check box.
- Returned Check Fee Type
- Accept the default from the A/R Parameters
form or select a type.
- Returned Check Fee Amount
- Accept the default from the A/R Parameters
form or specify an amount.
-
Open the Returned Checks form and post invoices
or payment adjustments.