Marking discounted bills of exchange as cashed

After generating bills of exchange, you must mark the bills of exchange as cashed.
  1. Sign in as Receivables Specialist or Receivables Manager.
  2. For Receivables Specialist, select Bill Of Exchange Processing > Remittance Maintenance.
    For Receivables Manager, select Processing > Bill Of Exchange Processing > Remittance Maintenance.
  3. Select a Remittance Type of Discounted to display discounted remittances.
  4. Select the Encashed line function code next to the remittance that has been encashed. The status of each bill of exchange is changed to Encashed and customer balances are updated.