Cancel Bank Account Transfers

You can cancel fund transfers between 2 internal bank accounts.

Before you start

Before the application cancels the bank account transfer, it verifies the following:

• Both associated external cash transactions are unreconciled.
• There's no action pending in the payment process.

If both conditions are successfully met, the bank transfer is canceled.

Here's what to do

1. Go to Navigator > Cash Management > Cash Balances.
2. In the Tasks panel tab, click Manage Bank Account Transfers.
3. Select the bank account transfer line item that you want to cancel.
4. From the Actions drop-down list, select Cancel.
5. Click Yes to continue.

Results:

The status of the bank transfer changes to Canceled.

When the bank account transfer is canceled, the external cash transactions associated to that bank transfer are automatically voided.