In the realm of financial management within Microsoft Dynamics 365 Business Central, handling vendor payments efficiently is crucial for maintaining strong supplier relationships and ensuring accurate financial reporting. A particularly challenging scenario arises when an Electronic Funds Transfer (EFT) file, already generated and issued, is rejected by the bank. This blog explores the complexities of this issue and seeks potential solutions.

Once an EFT file is generated and issued, the current system does not allow for the cancellation of the EFT if it gets rejected by the bank. This can create significant administrative burdens, especially when dealing with multiple transactions. The standard procedure involves posting the payment despite the rejection and then individually financial void each ledger entry linked to these payments.