Endorsing Checks in Outgoing Payments

Note Note

This feature is available in most of the localizations. For additional information see the country-specific online help file under: Start of the navigation path Help Next navigation step Documentation Country-Specific Info End of the navigation path

End of the note.

The check endorsement function enables you to use an endorsable incoming check in an outgoing payment as a payment means.

Prerequisites

The check to endorse has not been canceled or deposited.
For the customer or vendor you selected in the outgoing payment, on the Payment Terms tab of its master data, you have selected the This BP Accepts Endorsed Checks checkbox.

Procedure

Choose Banking Outgoing Payments Outgoing Payments .
The Outgoing Payments window appears.
Choose a vendor or customer, and specify the required data.
On the toolbar or in the payment, choose (Payment Means).
The Payment Means window appears.
On the Check tab, select the Endorse checkbox, and in the Endorsable Check No. field, press Tab.
The List of Checks window appears, listing all the checks that are endorsable, not endorsed, not deposited, not canceled, and not overdue.
In the List of Checks window, choose a check to endorse in the outgoing payment.
The check information appears in the line.
[Optional] You may specify other payment means in the Payment Means window, and choose the OK button.
To add the outgoing payment, choose the Add button.

Result

After you have endorsed a check, you can no longer deposit or cancel it.

More Information

Payment Means: Check Tab