hi friends,
How should entry be posted in SAP for dishonored check?
I received a check against a customer invoice through FBCJ and presented it to bank for credit and manually cleared the customer invoice also.
Now after some days, the bank dishonored the check and returned it. How should I account this check?
Should I reset the cleared invoice through FBRA and reverse the entries of 'check receipt' and 'check remittance to bank' in FBCJ.
Will this solution have any adverse impact on my accounts?
If I have remitted more than one checks in a lot to bank out of which only one check has been dishonored, how should I reverse the remittance entry for that particular dishonored check only?
Thanking you,