This page (revision-26) was last changed on 26-Nov-2021 10:22 by RForbes

This page was created on 26-Nov-2021 10:22 by JEscott

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24 26-Nov-2021 10:22 7 KB RForbes to previous | to last
23 26-Nov-2021 10:22 8 KB JEscott to previous | to last
22 26-Nov-2021 10:22 7 KB JEscott to previous | to last
21 26-Nov-2021 10:22 7 KB JEscott to previous | to last

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At line 46 added 17 lines
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!!POSITIVE PAY
Positive Pay is the process of periodically sending a list (via transmission file) of all issued and voided checks. This information allows the bank to reject attempts to cash checks not issued by the sending agent.
This service is not provided by all US banks and is not always called ‘Positive Pay’, however if the intent is the same, then [{$applicationname}] will provide the functionality through the Generate Check File To Bank ([UPPOSPAY]) form. [{$applicationname}] does not support the numerous banks out there, but can accommodate the support of other banks if required.
All checks that have been either issued or voided within the date range provided since the last time [UPPOSPAY] was executed are picked up and recorded in the output file.
Once [UPPOSPAY] is completed, the check record will be updated with the execution id of the [UPPOSPAY] run. The field is mex_id_sent from the [P2K_PR_CHECKS] table.
All checks with a non-null mex_id_sent will be bypassed on subsequent processing of the [UPPOSPAY] program.
Replacement checks as well as the associated void check are included.
Manual checks and manually voided checks are also included.
This function can be used to supply the bank with a list of issued checks if the bank is providing a reconciliation service.