BOE Remittance Selection - Tape Generation (DT161)

Run BOE Remittance Selection - Tape Generation (DT161) to select Accepted bills of exchange for remittance, create the remittance, and present the remittance to the bank.

You can use this program only if you selected remittance control for your company on Company (AR01.1). DT161 selects all Accepted bills of exchange with a maturity date within the range specified, and creates a remittance for each day within that maturity date. Each remittance contains all the bills of exchange with a maturity date equal to the remittance date. The program enables you to run the report in non-update mode so you can check the report before making any actual updates.

More Information

If you need to remove bills of exchange from a remittance, you will have to cancel the bill of exchange on Bill of Exchange Cancellation (DT45.1), recreate it with new information on Customer Bill of Exchange Entry (DT40.1), and run DT161 again.

Once you run DT161 in update mode, with the generate bank file and remittance presentation options set to Yes, the system creates a remittance for each day within the maturity date range, assigns a remittance number to each remittance, creates a tape file that contains all the remittance information required by the bank (although not in bank-specific format) , and sets the status of the remittances and bills of exchange to Presented.

If you specify No in the generate bank file field, you will need to run Generation of French BOE Bank File (DT166) to create a flat bank file, or Generation of Bank Remittance (DT165) to create a print file. If you specify No in the remittance presentation option, you will need to run Remittance Presentation (DT70.1) to set the status of the remittances to Presented.