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Re: How to Handle Post dated cheque during Installment plan Creation in FICA?

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Hi Abbas,

 

It all depends upon the business process of clearing the cheque. I hope the cheques are received in a system other than ISU (maybe FICO or the house bank). And, until the cheque is encashed you do not post to bank clearing GL.

So, as soon a customer provides a future dated cheque, you can setup an interface (file drop , xml etc.) to load the information in a Z table and create a user interface to display it.

 

Later, based on the encashment information (file drop, batch job, xml etc) you can process the records in the Ztable to post the cheque lot/credit document. So, that would inturn credit the bank clearing GL for cheque posting.

What I was more interested about is to how this is related to IP creation process. Could you please elaborate that?

 

Regards,

Bodhisattwa


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