Disbursement Reclassification (DC) Transaction Type

Transaction Name

Transaction Code

Intended Use

Check Writer Check Cancellation

CWC

This transaction is used to reclaim funds from checks issued from the Check Writer process with a Reclassification Type of Stale, Escheat, or Cancel, depending on what type of processing is being performed. The transaction can only be created via the Check Writer Stale Escheat batch process or the CW Cancellation process. The transaction cannot be cancelled or modified.

In addition to accounting updates, the transaction updates Check Reconciliation (CHREC).If the Reclassification Type is Cancel, the transaction updated Check Writer Payment (CWPYMT).

When a reconciled Check Writer payment needs to be cancelled, the payment record must be restored from Paid Checks to Check Reconciliation (CHREC) using the Paid Check Restore functionality. Refer to the “Paid Check Restore” topic in the CGI Advantage Financial – Accounts Payable User Guide for more information.

A reconciled EFT payment under the Standard Warrant model, any cancellation of the EFT will reverse the Warrants Payable but not the Cash. Therefore, and additional adjustments is required by a journal voucher.