What Is An Eligible Open Item

Note: Once an item has started through the EFT cycle, the payment code can not be changed.

An open item is eligible when it's payment code has a transaction origin of R (Accounts Receivable). You can change the bank payment code (therefore, changing the transaction origin code) using Obligation (AR42.6) If an eligible open item needs to be paid by check.

Cash Entry and Application (AR30) exempt EFT open items. Automatic Cash Application Audit (AR130) exempts EFT open items from "standard" automatic application method; however, AR130 is the program that processes the pending applications (or selected records) that the EFT process creates, thereby finalizing the application.