Maintaining encashed bills of exchange

After generating the bills of exchange, you must mark the bills of exchange as cashed. You can also mark discounted bills of exchange.
  1. Sign in as Receivables Specialist or Receivables Manager.
  2. For Receivables Specialist, select Bill Of Exchange Processing > Customer Bill of Exchange Cashing Selection.
    For Receivables Manager, select Processing > Bill Of Exchange Processing > Customer Bill of Exchange Cashing Selection.
  3. Click Search.
  4. Optionally, specify this information:
    Cash Code
    Select the cash code. The cash code represents a bank account that you remit the bills of exchange. The account the cash is deposited when you cash a bill of exchange.
    Company
    Select a company number.
    Bill Of Exchange
    Select the bill of exchange number.
    Type
    Select the type of the encashed bills of exchange.
    Maturity Date
    Select the maturity date of the encashed bills of exchange.
    Customer
    Select the customer number.
    Transaction Amount
    Specify the transaction amount.
    Remit Group
    Specify the remittance type and number.
    Status
    Select a status to limit the bills of exchange that are displayed to those with a specific status. If this field is blank, then both accepted and cashed bills of exchange are displayed.
    Bank Expense Amount
    Specify a bank expense amount for the bills of exchange.
    Cash Rate
    Specify the cash rate.
  5. Click Save.
  6. Click Bank Expense . Specify the bank or administrative charges that are associated with processing bills of exchange for the entire cash code.