Partial NSF Draft

Rather than designate the entire draft amount as NSF, you can specify the amount of the draft that cannot be collected by selecting the Partial NSF option. Because the system cannot determine which invoices to reopen, the system keeps the original invoices closed (paid) and creates a standalone chargeback invoice (document type NP) for the amount of the NSF when you designate a partial NSF.

You can enter a partial NSF draft between remittance and collection stages or after the collection stage of draft processing, but not during the acceptance stage. For example, you might learn that the customer has insufficient funds for a payment after you have remitted the draft to the bank or after you have moved the draft to collection status.

You can create a renewal draft when you anticipate a future payment for the amount of the NSF draft. The gross amount of the renewal draft equals the amount of the NSF draft.

When you create a partial NSF, the system:

• Creates a record in the F03B14 table with a type input code of 30 to designate a partial NSF. The system generates this record to adjust the amount to be collected from the customer's bank.

• Creates a record in the F03B14 table with a type input code of 36 to designate a standalone chargeback record that the system created as a result of the partial NSF.

• Creates an invoice chargeback record in the F03B11 table with a document type of NP for the amount of the NSF.

  Note: The system includes partial NSF drafts in the NSF calculation when you run the Statistics History Update program (R03B16A). The system does not include standalone chargeback records for partial NSF drafts (document type NP) in the NSF calculation.