Transaction Records 

Use

The system automatically prints out written records of (some) transactions involving checks.

Activities

Customizing

Make the settings in Customizing for Financial Accounting (FI), by choosing Bank Accounting ® Business Transactions ® Bill of Exchange Transactions ® Bills of Exchange Receivable ® Post Bill of Exchange Receivable ® Bill of Exchange Portfolios ® Transaction Records ® ….

Day-to-Day Activities

The system creates transaction records automatically when you:

·        Enter an incoming postdated check

·        Present a postdated check to a bank

·        Enter a bounced postdated check

·        Reverse a check transaction

Whenever you enter one of these transactions, the system automatically saves the transaction record in the database and prints out a copy of it.

You can also reprint the transaction records if required.