C1-CANRCNPAY

This algorithm transfers the payment amount from the payee account's reconciliation contract to the payor account's contract. In this process, the payment against the reconciliation contract is canceled and the payment against the payor account's contract is created in the Frozen status.

It contains the following parameters:

• Payment Cancel Reason - Used to indicate the reason that you want to use when the payment against the payee account's reconciliation contract is canceled.

• On Account Match Type - Used to specify the match type using which you want to apply the payment against the contract of the payor account.

Both these parameters are mandatory.