Create and Print Customer Repayment Check

Explanation

This activity is used to create customer repayment check payments and to print repayment checks.

Prerequisites

This activity requires that a customer payment order for check payment has been created.

If the output type file must be created in a secured folder, the Run Only in Background option in the Payment Formats per Company should be enabled.

System Effects

As a result of this activity, a check payment is created. The status of the check created depends on:

When Use Interim Cash Account when Cashing on Due Date option in the Payment Documents page in selected for customer repayment checks:

Transfer to Report Archive optionPrint optionDescription of system effectCheck Status
SelectedSelectedCheck will be printed as well as transferred to the report archivePrinted
SelectedClearedCheck will be transferred to the report archive, but not printedPrinted
ClearedSelectedThis combination is not possible 
ClearedSelectedThis combination is not possible 

When Use Interim Cash Account when Cashing on Due Date option in the Payment Documents page is cleared for customer repayment checks:

Transfer to Report Archive optionPrint optionDescription of system effectCheck Status
SelectedSelectedCheck will be printed as well as transferred to the report archiveCashed
SelectedClearedCheck will be transferred to the report archive, but not printedCashed
ClearedSelectedThis combination is not possible 
ClearedSelectedThis combination is not possible