Bank Presentation, Cashing Update (DT180)
Run Bank Presentation, Cashing Update (DT180) to create general ledger distribution records for bill of exchange activity that has occurred since the last running of DT180. This includes bills of exchange that have been presented for remittance, cashed at a discount, cashed on their due date, or dishonored.
Processing Effect
DT180 automatically cashes bills of exchange that were presented to a bank for encashed remittance if their due date plus the margin days you define falls on or before the system date. You can also run DT180 to update only bills of exchange marked as Cashed on Bill of Exchange Cashing Selection (DT80.1).
When DT180 processes a cashed bill of exchange, it changes the status of the open item(s) paid by the bill of exchange to historical.
The program creates a listing of remittances and bills of exchange that have been presented, cashed for discount, cashed at due date, and dishonored.