Returning 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.

For more information about what happens on this form, see Processing Returned Checks.