Transfer (No Distribution Details Exist)

The Transfer button is enabled if:

  • There is a single non-cancelled tender linked to the event AND
  • There is a single frozen payment linked to the event AND
  • The account on the tender is the same as the account on the payment.

When clicked, the Payment Event Transfer dialog opens.

You must specify the following parameters in the Payment Event Transfer dialog to transfer a payment:

  • Account ID is the account to which the payment event should be transferred.
  • Cancel Reason defines why you are performing the transfer.
  • Match Type and Match Value are defaulted based on their values for the payment event that you are transferring. If necessary, modify the values appropriately for the account to which you are transferring the payment event. Match Type and Match Value are used for an account that belongs to an open item customer class or to restrict the distribution of the payment to a specific contract. Refer to Payment Event - Main for more information.
  • Turn on Freeze Payment if the transferred payment should be frozen automatically. You may want to leave this turned off if you want to examine the payment distribution before freezing the payment.
  • Non CIS Name, Reference Number, and Non CIS Comments appear if the Account ID belongs to a customer class that is used for non-CIS payments. Refer to Setting Up Customer Classes for more information.

Clicking OK causes the following to take place:

  • The account on the tender is changed to reflect the transfer to account.
  • The original payment and its segments are cancelled.
  • A new payment is added for the transfer to account. The payment characteristics associated with the original payment are copied to the new payment.
  • The new payment is distributed.
  • If so designated, the new payment is frozen.