Defining Lock Box Codes

You will need to define lock box codes if you interface transactions from a lock box. Lock box codes define the bank name, address, and processing information that collects your accounts receivables. The lock box code is assigned to your customer. This procedure describes how to set up lock box codes.

To define a lock box code

  1. Access Lock Box (AR14.1).
    Note: To use the lock box address as the remit to address on statements and notices, assign a lock box code to Customer Defaults (AR08.1) or Customer (AR10.1).
  2. Define lock box codes, addresses, and process levels. Use the following guidelines to enter field values:
    Process Level

    A process level is required. Select a valid process level code.

    Cash Code

    Select a valid cash code. If left blank, the cash code assigned to the process level in Process Level (AR02.1) defaults.

    Currency

    Select a currency code of the lock box. This defaults from the currency code assigned to the cash code.

    Journal Book

    Select a journal book if you want transactions to be posted to the GL in detail.

Related Reports and Inquiries

To Use
List lock box codes Lock Box Listing (AR214)