NSF - Payment (PMT)

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Reverse the PMT (do not delete the original). Put NSF in the reason for reversing the payment. Post the PMT as partially applied (the system will create an RDP).  In AR Manager, enter an RDS to remove the funds from the Client-Matter (enter NSF in the description).  If the original PMT has gone through Deposit Processing (updating your bank in Bank Reconciliation), you will need to make an adjusting entry in Bank Reconciliation to debit the bank for this amount (using a transaction code that does not update the GL so the period and year will be inaccessible). When you receive the replacement check from the Client, enter the PMT and append the description to reflect why the second check was received (e.g. Payment - Replaces NSF Check No. _____).

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