Updating transaction status

Use this procedure to update the status of transactions in the payment file and open item file. This task is performed on a monthly basis, but not necessarily at month end.
  1. Select Transaction Status Update.
  2. Select Company or Company Group, but not both.
  3. In the Report Distribution section, select distribution lists and export types for these reports:
    • Transaction Status Update Report
    • Transaction Status Update Error Report
  4. Click Submit.