How do I update NSF check transactions? (General Ledger)
If you're entering payment adjustments for NSF (non-sufficient funds) check transactions, you can choose to update the NSF check transactions to General Ledger. You can update NSF check transactions as a separate update or you can include NSF check transactions with the rest of the transactions that will be included in the update.
Videos
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Learn how to set up the NSF interface, enter an NSF check transaction, and update the NSF check transaction to General Ledger. [MP4]
What's new?
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In version 2021.11 or later, the GL Account field for NSF type transactions will use the related offset account number for the related journal code.
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In version 2021.11 or later, all NSF type transactions will include the bank ID on the check for the journal code that was used to create the transaction.
Updating NSF check transactions
1. Open Connect Utility Management > Organization > Update General Ledger.
Why can't I click on the Update NSF Check Transactions checkbox? The NSF Check Transactions checkbox is only available when the NSF interface in Organization is set up. To learn more, see How do I set up the NSF check interface?
2. Use the Beginning Date and Ending Date boxes to enter the date range.
3. Click to select the Update NSF Check Transactions checkbox.
4. Click GO (CTRL+G).
The NSF check transactions are posted to the NSF journal and GL account.
202002, 2020Jan15
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