Adding or editing returned payment records

Use this procedure to add or edit returned payments in Cash Management.

  1. Access Returned Payment Entry (CB46.1).
  2. Specify the transaction information using these guidelines to specify the field values:
    Cash Code

    Specify or select a valid cash code. This represents the bank account where you are specifying a returned payment.

    Transaction Code

    Specify or select the returned payment transaction code.

    Transaction Number

    Specify the reference number for the returned payment record.

    Company

    Specify or select the cash code company where you will post the return payment.

    Return Amount

    Specify the amount of the returned payment.

    Return Date

    Specify or select the date of the returned payment.

    Post Date

    Specify the date to post the payment.

    Description

    Specify a description of the return.

    Source Code

    Select a source code to indicate where the transaction was created.

    Bank Statement

    Specify the bank-assigned bank statement number. This is used only for cash codes that require bank statements.

  3. (Optional) Click Bank Chrg to access Bank Charges (CB46.2) to specify the bank charge, company, account, and activity for the returned payment.
  4. (Optional) Click User Fields to access User Fields (CB46.5) to add information for up to four user-defined fields.
  5. Specify the deposit information using these guidelines to specify the field values:
    Transaction Code

    Specify the original deposit transaction code.

    Deposit Type

    Select the deposit type:

    • Manual Deposit (blank)
    • Wire Transfer (1)
    • Credit Card (2)
    • Lockbox (3)
    • EFT Extract (4)
    • Rebate (5)
    Deposit Number

    Specify the deposit number (the transaction number from the Cash Management transaction file).

    EFT Reference

    Specify the reference number from the corresponding EFT transaction.

  6. Specify the General Ledger accounts where you will post the deposit.
  7. (Optional) Click the asterisk (*) to access More (CB46.3) to add a reference and a description to the distribution line.
  8. (Optional) Click Tax to access Tax (CB46.4) to add tax code and taxable amount for the distribution line.

Related reports and inquiries

Action Process
List returned payments Use Returned Payment Listing (CB246)