BOE statement update program

The Bill of Exchange Statement Update (AP181) program:

• updates cashed and dishonored bills of exchange,

• creates general ledger distribution records for bills of exchange that were cashed and dishonored, and

• updates vendor balances.

When processing a cashed bill of exchange, AP181 changes the status of the invoices paid by the bill of exchange to historical. When processing a dishonored bill of exchange, AP181 reinstates the invoices associated with the dishonored bill of exchange. Depending on the reason the bill of exchange was dishonored, you can reschedule, maintain, or cancel the invoices.