4 Corporate Account Transactions

This topic contains the following Transactions as subtopics:

• Journal Transactions
  The use of this screen is envisaged in the below scenarios.
• Legal Block
  Legal Block is a portion of a customer’s account balance that they wish to reserve for a specific purpose.
• Post Processing Manual Retry
  This topic describes the systematic instructions to retry post processing manually. The system validates whether Post processing is completed for all entries processed with the GL posting date as the branch date. If the post processing fails, the system periodically performs post processing until the maximum retry count is reached. Once the maximum retry count has been reached, the search must continue and the post processing should begin. However, when the user initiates an action, only the retry count is reset and the system does not trigger the post processing.
• Referral Queue
  As part of Transactions, the Referral Queue option allows the user to view all available referral queue.
• Stop Payments
  A Stop Payment maintained in the ‘Stop Payments’ table is an instruction from the customer to the bank to place a stop payment (hold) on the cheque.
• Uncollected Funds Manual Release
  The Uncollected Funds Manual Release option allows the user to manually release all the uncollected funds.