Stale date processing
Use this procedure to process stale dated payment transactions. Journal transactions are created to post the amounts to a stale date suspense account.
- Sign in as Cash Accountant and select Manage Escheatment > Stale Date Processing.
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Specify this information:
- Cash Management Group
- Specify the cash management group.
- Cash Code or Cash Code Group
- Specify a valid cash code or a cash code group, if one exists. A cash code represents a bank account. A cash code group represents one or more cash codes.
- Bank Transaction Code
- Select the bank transaction code. This code represents a type of cash payment, bill of exchange payment, or bank service. It must be a valid record in the Bank Transaction Code file.
- Process Level Processing
- Select this check box to stale date transactions by process level.
- Process Level
- Select a value to limit the report to only the specified process level.
- Include All Transactions
- Select this check box to include all qualified stale dated transactions in the report and CSV file.
- Print Address
- Select this check box to have the full address printed on the report.
- Filename
- Specify a filename for the output files. If this field is blank, the default filename is used.
- Stale Date
- Specify the as-of date to run the report. If this field is blank, the system date is used.
- Days
- Specify the number of days to flag transactions past their issue date as stale dated.
- Post Date
- Specify the date to use as the posting date. If this field is blank, the system date is used.
- Click OK.