Acknowledge Customer Check Cashing

Explanation

This activity is used to report that a check received from a customer has been cashed. The cashing of a check takes place when the check is posted to an interim account when sent to the payment institute for cashing. The confirmation by the payment institute that the check has been cashed can be used as a basis for reporting.

Prerequisites

In order to perform this activity:

System Effects

As a result of this activity the following would take place once the mixed payment is approved.