1. Accounts Receivable Implementation Guide
  2. Full NSF Drafts

Full NSF Drafts

A full NSF draft is a draft for which you did not collect any money. You can use the NSF feature at any stage of draft processing to reopen the existing invoices and process the draft. When you designate a draft as NSF, the system:

  • Removes the open amount from the draft record (R1) in the F03B11 table.

  • Assigns a pay status of P to the draft record (R1).

  • Assigns the G/L date that you entered as the date closed on draft record (R1).

  • Creates a new batch for the NSF record.

    You must post this batch to create the appropriate journal entries and update the F0911 and F0902 tables.

You can also renew the draft using the draft renewal feature.

When you designate a draft as NSF, you can also create a new invoice or create a journal entry directly from the Void/NSF Draft form by selecting the appropriate option. This enables you to charge the customer for any fees that the bank might have charged you, or to create a journal entry for the fees. If the fees are taxable, you can designate the tax on the invoice or select the Journal Entry with VAT option.