Canceling Bills of Exchange

To change the bill of exchange amount or the payment code, you must cancel and recreate the bill of exchange. When you cancel a bill of exchange, the system returns all applied obligations and credit memos to an open status and creates reversing application records.

To cancel bills of exchange

  1. Access Bill of Exchange Cancellation (DT45.1).
  2. Select the Cancel form action to cancel the bill of exchange you want. This must be a bill of exchange that has not been remitted to the bank for payment.
  3. Optional. Click the Applications button to open Applications (DT45.2). This displays all open items that are applied to the bill of exchange.
  4. After you have canceled the bill of exchange, you might need to recreate it. Recreating Bills of Exchange