Updating bills of exchange with remittance control
Use this procedure if your
company uses remittance control.
- Sign in as Receivables Specialist or Receivables Manager.
-
For Receivables Specialist, select Create Bill Of Exchange Processes > Bank Presentation Cashing Update With Remit
Control.
For Receivables Manager, select Processing > Create Bill Of Exchange Processes > Bank Presentation Cashing Update With Remit Control.
-
Specify this information:
- Company
- Select a company number.
- Cash Code
- Select the cash code of the bank where the remittances are cashed.
- Remittance Journal Book
- If your company is using journal books, then select the name of the journal book where remittance transactions are recorded.
- Cash Journal Book
- If your company is using journal books, then select the name of the journal book where cashing transactions are recorded.
- Cashing Date
- Select a date to limit the update to a remittance due date.
- Exchange Rate
- Specify an exchange rate if the transaction is on non-base currency.
- Update
- Select No to run the report without creating the Global Ledger records. Select Yes to create the Global Ledger records.
- Click OK.