Sep 20, 2010. 1JD Edwards EnterpriseOne Tools Foundation Guide Release 9.1.x E24251-12 May 2015 Describes how to use the JD Edwards EnterpriseOne web application user interface, messages and queues, media.
Voiding Manual Payments
Concept
You can void a manual payment that was entered in error to remove it from the system. Use the Void Payment Entry program (P0413M) to void a manual payment. Voiding a payment provides an audit trail, while deleting a payment does not.
You can void a posted or an unposted manual payment. When you void a posted manual payment, you can void only the payment or the payment and its associated vouchers.
When you void a posted manual payment, the system:
• Reopens the payment batch by changing the batch status back to approved so that you can post the reversing entries.
• Reopens the vouchers associated with the payment by changing the pay status back to A and populating the open amount field with the original open amount.
When you void an unposted manual payment, the system:
• Creates both the entries for the payment and the reversing entries for the void when you post the payment.
• Reopens the vouchers associated with the payment by changing the pay status back to A and populating the open amount field with the original open amount.
Procedure
In this task, you will void a posted manual payment and verify its removal from the system.
| Step | Action |
|---|
| Navigate to the Void Payment Entry program (P0413M) from the Manual Payment Processing menu (G0412). Click the Automatic Payment Processing link. |
| Click the Void Payment Entry link. |
| Use the Work with Payments form to add, delete, or select a payment for review. |
| Step | Action |
|---|
| Click the Find button. |
| Click the 5 option. |
| Click the Row button. |
| Click the Void Pymt menu. |
| Use the Void Payment form to void a manual payment. |
| Step | Action |
|---|
| Click in the Void G/L Date field. |
| Use the Void G/L Date field to specify the financial period to which the voided transaction will be posted. The financial periods are set up in the Company Constants table (F0010). In this example, you will change the Void G/L Date. Enter the desired information into the Void G/L Date field. Enter '05/10/16'. |
| Click the OK button. |
| Use the Payment Void Confirmation form to confirm that you want to void the payment. |
| Step | Action |
|---|
| Click the OK button. |
| Step | Action |
|---|
| When the payment is voided, there is no value in the Payment Amount column. Refresh the payment information. Click the Find button. |
| Verify that the Payment Amount field is zero (blank). |
| Click the Row button. |
| Click the Pymt Entry menu. |
| Use the Manual Payment Entry form to verify that the system created a second line item to reflect the voided payment amount and to reopen the voucher. |
| Review the details of the Manual Payment Entry form. |
| Step | Action |
|---|
| Click the Cancel button. |
| Step | Action |
|---|
| Click the Close button. |
| You have successfully voided a posted manual payment and verified the void transaction. End of Procedure. |
Last updated on JULY 21, 2020
Applies to:
JD Edwards EnterpriseOne General Ledger - Version XE and later
Information in this document applies to any platform.
Purpose
Overview
As part of your period-end processes, you might need to reconcile the balances in your bank accounts with your bank statements, selected expense accounts and other general ledger accounts. You can easily reconcile bank accounts on a monthly basis using the Bank Account Reconciliation. When using the Bank Account Reconciliation selection to reconcile accounts, you complete the following steps in sequential order:
1. Reconcile voided payments and receipts (R09551 and R09552)
2. Running Refresh Reconciliation File Program (R09130)
3a. Reconciling Bank Account Transactions Manually (P09131)
3b. Reconciling Debit and Credit Amounts (P09131)
