The Disbursement Reclassification (DC) document cancels checks, warrants (including warrants with clearing funds) or electronic funds transfers (EFT), and is used when performing reclassification types 4-6 (Stale, Escheat and Cancel).
The Disbursement Cancellation document can be generated via a Copy Forward from the original disbursement, or by running the Stale/Escheat batch job.
The purpose of the Disbursement Reclassification document is three-fold:
Update the Check Reconciliation table, particularly the Status, Check/EFT Number, Check/EFT Status, and Check/EFT Issue Date fields.
Update the memo referenced Disbursement document with the Check/EFT Number and Check/EFT Issue Date when the Reclassification type is Warrant Reconciliation.
Liquidate posting line entries (for example, warrants payable) created by disbursement documents when using the Standard Warrant/EFT or Clearing Fund Warrant/EFT disbursement options.
The Disbursement Cancellation (DC) document is basically a replica of the original disbursement and it contains these sections:
For detailed steps of how to perform a particular task, select from the following tasks: