Cash Customer Repayment Check
Explanation
This activity is used to cash a customer repayment check. Confirmation by
the payment institute that the check is cashed can be used as a basis for reporting.
Prerequisites
In order to perform this activity:
- A mixed payment of the Not Approved status should exist.
- A customer repayment check should exist.
System Effects
As a result of this activity, the following would take place once the mixed
payment is approved.
- A voucher of voucher type B will be created. The customer
repayment check amount will be debited based on the posting rules defined
for the PP76 posting type. The cash account will be credited based
on the posting rules defined for the PP1 posting type.
- The status of the customer repayment check will change to Cashed.