Voiding bank transactions

You can void a Cash Management transaction for a specific bank account after it was posted to the General Ledger. Use this procedure to void bank transactions.

  1. Access Bank Transaction Adjustment (CB80.1).
  2. Specify required and optional data to void a transaction. See Voiding payments.
  3. To mark a payment tape record as rejected by the bank, click Rej to open Tape Payment Rejection (CB85.1). Specify optional payment record data as detailed in the procedure. See Voiding payments.
  4. Run Cash Ledger Void Update (CB180) to update voided Cash Management transactions. The update process generates distributions for posting to the General Ledger.
    Note: You cannot reopen a voided bank transaction once you run CB180 in Update mode.
  5. Run Bank Transaction Posting (CB175) to post reversing distributions created by Cash Ledger Void Update (CB180) to the General Ledger.