Bank Presentation Cashing Update with Remit Control (DT181)

Run Bank Presentation Cashing Update with Remit Control (DT181) to create general ledger distribution records for remittance activity that has occurred since the last time DT181 was run

You can use this program only if your company uses remittance control.

Processing Effect

DT181 automatically processes all the Presented bills of exchange produced by DT161 or DT70.1 for a specific date and cash code and changes the status of the obligations applied to those bills of exchange to Historical.

More Information

If any bill of exchange has any bank or administrative expense associated with it, you need to first use Bill of Exchange Cashing Selection (DT80.1) to enter the expense information. With remittance control, you can only enter summary bank expense information, not information for individual BOEs.