Bank Remittance Creation

The Bank Remittance Creation conversation allows you to submit a job that will create a bank remittance either on paper or on magnetic media.  If the remittance support option specifies magnetic, the remittance information is written to the Remittance Transaction File (DM100AP), which then can be transferred to tape using the Create Bank Tape option.  This job will also generate the appropriate accounting journal entries to recognize the remittance.

Select Transaction Screen

l.    Enter the Bank Remittance Creation option on the Draft Maintenance Menu to display the Bank Remittance Creation request screen (DM350S01).

Enter Remittance Data

2.   All of the fields on this screen are required.  To specify whether you want to process payments selected for remittance on paper or via magnetic media, enter the appropriate magnetic support option.

The remittance date must fall within the valid range of accounting dates that are listed on Reference File category 336.

The book code is used to separate G/L Journal Entries into individual books.  This code will default from the book code conversation defaults on Reference File category 135 if book codes are used in this location (flag must be set to 'Y' in Reference File category 132).  Otherwise, the book code is defaulted as the module code (in this case, DM).

Press the ENTER key to submit a job to process the Bank Remittance and print the Bank Remittance Advice Report (DM540A).  The message Requested Job(s) Submitted is displayed on the screen.

Press F3 - Exit to return to the Draft Management Menu.