Bank stmt issue

Question

hifriends
I have doubht, In FF67, Manual bank stmt display, in that bank stmt some transactions are showing Posting completed ,some transactions are showing posting incompleting, if we double click on posting incomplting status field showing  g/l posted, if we dabulclick on posting complting statusshowing posted. can you give explain for posting in comple.,why it shows the gl posted

Answer 1

Hi ramanju,
I found a few examples of this in our system and investigated one. In FF67 it is showing the status "Elec. Posting incompl." and when I double click it, I see where all items say GL posted.
After researching I discovered one check that initially was on the uploaded bank statement had rejected. The reason was a bank encoding error. The bank statement listed a check for 54.23 as # 4222168 for example in error. The correct check number issued in our system was 4232168. The "3" was encoded as a "2". The real check, 4222168 in our system was for 22.50. The reject reason was "Check Amnt Incorrect".
When this reject was subsequently processed in FEBA, the item for 54.23 was manually matched with the correct outstanding check number 4232168. In FF67, in this scenario, it keeps the original statement status "Elec. Posting incompl."  but within the file it will show "G/L Posted". Other scenarios will have a different behavior because I processed a different type of reject in FEBA and the incompl. status changed to complete.
If you use FEBA and look at the same statement, you will see that a posting document(s) number is out of sequence with the others. The one out of sequence will be the a reject that was subsequently processed. In FEBA you won't have this discrepancy, once rejects have been processed, the entire file's staus will change to a green check for posted and all the items within the file will also say posted.
I hope this helps shed some light.