Cash Management CU68

This section contains enhancements in Infor CloudSuite Financials for 11.0.68.0.

Check stop payment confirmation process

The Stop Pay Bank Confirmation Required field has been added to cash code records. When this check box is selected and the stop payment action is run in a cash ledger transaction, the record status is changed to Pending Stop Pay Confirmation. The purpose of this status is to give the user time to send the stop payment request to the bank and receive either a confirmation or rejection. If the bank confirms the stop payment, the Stop Payment action should be run on the record. If the bank rejects the stop payment, the Reopen action should be run on the record. The Cash Ledger Bank Update action has been updated. The action now includes two new update actions: Pending Confirm To Open and Pending Confirm To Stop Pay. The Positive Pay Creation action now includes the new status on which to report.

Program/Business class/Process affected:

  • CashCode
  • CashLedgerTransaction
  • CashLedgerPayablesPayment
  • CashLedgerPayment
  • CashLedgerStatusCode
  • PositivePayOutputFileHeader
  • PositivePayFileCreation
  • CashLedgerUpdateAction
  • CashLedgerBankUpdate
  • 11.0_post_CU80.faf
  • PositivePayFileCreate_ PositivePayFileCreate
  • CashPaymentRegister_CashPaymentRegister

Use these steps to test the enhancement:

  1. Sign in as Cash Administrator.
  2. Select Cash Setup > Cash Codes.
  3. Open a cash code record. On the Detail tab, select the Stop Pay Bank Confirmation Required check box.
  4. Sign in as Cash Accountant.
  5. Select Cash Transaction Search.
  6. Select an open record and click Stop Payment.
  7. Click OK.

    Verify that the record moves to a Pending Stop Pay Confirmation status.

  8. Select the record and click Reopen.

    Verify that the record moves to an Open status.

  9. Click Stop Payment again. When the record is in a Pending Stop Pay Confirmation status, click Stop Payment.
  10. Change the Stop Payment Date if needed. Verify the record moves to a Stop Payment status.
  11. Reopen the record and put the record in a Pending Stop Pay Confirmation status.
  12. Select Process Cash Ledger > Positive Pay Creation.
  13. Specify the fields so the Pending Stop Pay Confirmation record is included in the report. On Status Options, verify that the only option that is set to Yes is Pending Stop Pay Confirmation.
  14. Verify that the Positive Pay Creation Output File includes the Pending Stop Pay Confirmation record. The Pending Stop Pay Confirmation record is included in the Void/Stop Payment column on the PDF.

JT-1368898

Stale dating in Cash Management

You can run the entire stale dating process with one job in Cash Management. A Perform Stale Date If Status Is Ready To Update field has been added to the Stale Date Processing action. Select this check box to automatically run the Perform Stale Date action. The action will only run if the stale date output file is in a Ready to Process status.

Program/Business class/Process affected:

  • CashLedgerTransaction
  • StaleDateOutputFileHeader

Use these steps to test the enhancement:

  1. Sign in as Cash Accountant.
  2. Select Manage Escheatment > Stale Date Processing.
  3. Specify the necessary fields and select the Perform Stale Date If Status Is Ready To Update check box.
  4. Verify that the Stale Date Output File status is Completed unless there are errors that must be addressed or there were no records to process.

JT-1386107

Bank fund transfer withdrawals or deposits based on the default posting company

Bank fund transfers require specifying a company value. The default value is the default posting company of the cash code.

Program/Business class/Process affected:

  • CashLedgerFundTransferHeader

Use these steps to test the enhancement:

  1. Specify a default posting company on a cash code.
  2. Create a bank fund transfer for withdrawal or deposit and leave the Company field blank.
  3. Confirm that the default value of the company is the cash code company when you save the record.

JT-1386170