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ReportHello,
I am trying to determine the best practice of returned EFT's. Most of my vendors are paid via Wire or ACH. If the banking instructions are incorrect, we may get a notice weeks after the wire was initiated. Thus in the Cash module of Dynamics SL, the payment is cleared.
In the subsequent month, that payment may be returned. Right now we are just manually tracking it and placing it via JE in accrued liabilities. Not the best practice. I can't void that payment in the AP module because that period is already closed.
How do I get that returned payment back into the vendor history without the need to re-enter things manually. I want to reopen the vouchers and initiate a second payment attempt once banking instructions are corrected.
Thanks for your advice.
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