Acknowledge Customer BoE Transfer in Mixed Payment
Explanation
This activity is used to cash a Bill of Exchange received
from a customer. Cashing of a customer Bill of Exchange takes place when the
bill is posted to an interim cash account and sent to the relevant payment institute
for cashing. The confirmation by the payment institute that the bill was cashed
can be used as the basis for reporting the cashing.
Prerequisites
In order to perform this activity:
- A mixed payment of the NotApproved status should exist.
- A customer BoE transfer proposal of the Accepted status should
exist.
System Effects
As a result of this activity:
- The total amount of the customer Bills of Exchange
selected for cashing will be debited to a bank account based on the posting
rules defined for the PP1 posting type. The same amount will be credited
to an interim cash account based on the posting rules defined for PP24
posting type.
- The status of customer Bills of Exchange selected
for cashing will change to Settled.
- The status of invoices included in the customer Bills
of Exchange selected for cashing will change to PaidPosted.