What's a stop payment request?

A stop payment request records the dates that a stop payment order was placed with, or released from, a financial institution.

For example:

1. A supplier tells you that they didn't receive a payment.

2. You ask the bank to stop the payment.

3. You record a stop payment request using the Manage Payments task.

4. If the bank confirms the payment was stopped, you void the payment.

5. If the bank tells you that the payment has already cleared, you cancel the stop payment request.