Renegotiate Dishonor (DT92.2)
Use Renegotiate Dishonor (DT92.2) to resolve a dishonored bill of exchange.
You can
- enter cash payment information for all or a portion of the bill of exchange amount,
- enter finance charges to charge the customer for expenses associated with processing the dishonored bill of exchange, and
- rebill the customer for all or the unpaid portion of the bill of exchange amount plus optional finance charges.
Processing Effect
If you enter a partial payment amount (any payment amount less than the bill of exchange amount plus optional finance charges), enter finance charges, or leave the Payment Amount field blank, the system creates a new open item debit memo in the amount of the difference using the AR code and terms code you select in this subform.