Reversing a Posted Wire Payment

Note:  If the voucher for the wire payment is generated but not processed, delete the wire payment record in the A/P Payments form instead of reversing it.

To reverse a wire payment:

  1. Create a new wire payment on the A/P Wire Posting form and enter a negative value for the payment.
  2. Distribute the payment to the same wire number, bank code, vendor number, and voucher number.
  3. Perform the wire posting.

During the posting process, the system marks the corresponding bank reconciliation as Voided.

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