Reversing an NSF payment
NSF stands for "non-sufficient funds." If a customer's payment is returned by the bank due to insufficient funds, you can use the Payment InfoViewer to reverse the payment. When you reverse an NSF payment, Infor Public Sector automatically generates an NSF fee for the customer's account, using your agency's NSF line item setup to calculate the amount. Depending on the reversal reason code, Infor Public Sector may also perform additional actions such as adding an alert or a log entry to the customer's account.
Note: You can also use Create NSF Import to reverse NSF payments in bulk by importing an NSF data file delivered by the bank.