NSF Check - How to reverse a deposit due to a bad check?

We received a check from a business partner and made deposit against an invoice. Two weeks later we got notice of insufficent funds from our bank. We contacted the customer and they have given a credit card number for us to process re-process the payment.
What is the best process to handel this transaction? Do we have to "cancell" the incomming payment/ deposit? Do I have to duplicate the original invoice?
Thank you in advance....

Andrew,
There are two steps in reversing the check which got returned...
1. Cancel the Deposit. Before your select cancel on the deposit make sure the Posting Period of the original deposit is the same as current. If the deposit was made in the previous month then you need to change the posting period.
2. Then Open the Incoming Payment associated with this and cancel the Incoming Payment.
Your Invoice will not be available for processing through Credit Card
Suda

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Customer NSF checks

One of our customers recently converted from Sage BusinessWorks (BW) to SAP Business One. In most areas, the functionality improvement has been substantial. However, the processing of customer NSF (non-sufficient funds) checks has been disappointing. I've reviewed some of the other threads about returned checks on the Community Network, but none seems to offer a good overall solution to the problem. I'm hoping someone might suggest another approach.
In BW, if a customer's check bounces because of non-sufficient funds, the user goes into the AR section, enters the customer code and the customer check number, and can void it. This reopens the invoice(s) paid with the check to the original date (so that the aging is correct), debits the AR account, and credits cash to match the bank statement.
There is no need to undo an entire bank deposit, create another invoice which mis-state revenues, and the bank reconciliation is still valid. It's all very easy in BW, but not so in SAP Business One, especially if bank deposits contain more than single customer checks.
Has anyone else struggled with this, and perhaps found a better solution?
Thanks,
Dave

I do not take credit for this - it is a solution from Vision33 - the company we use for our implementation and who up keeps our SAP Business One. We are pretty happy with the services we receive from them.
Tips and Tricks: How to Record NSF Checks
In SAP Business One, there are two options for recording NSF checks.
Option 1:
     · Open the deposit form, right-click, and select Cancel. This will reverse the deposit
          process, credit the bank account, and debit the checks clearing account.
     · Now you can cancel the Incoming Payment that applies to this check. This will credit
          the checks clearing account, debit the customer, and reopen the invoice.
     · When the customer sends a new check, simply create a new incoming payment
          based on the original invoice.
Option 2:
     · This option applies when canceling the deposit is not an option because there are
          multiple checks in the same deposit.
     · Create a new incoming payment; this time, it will be a payment on account, and the
          check amount will be negative.
     · Deposit the check into the bank account. This transaction will reverse the original
          deposit transaction, credit the bank account, and debit the checks clearing account.
     · When the customer sends a new check, create a new incoming payment and apply
          the negative incoming payment you created earlier.
I have personally used Option 2 and do not have a problem when we received the repayment. You can always reference the invoice number on the Journal Entry under Ref 1, 2 or 3.
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How to reverse proposal posting in F.05 - For exchng Valuation

Hi,
When we do foriegn exchange valuation through F.05 it creates a proposal posting and a session SAPF100, only when we run the batch input session the actual postings take place. But before processing the Batch session if i try to execute again F.05, it doesnot pick up the previous proposal postings. Our client has used a Recon A/c as a balance sheet adjustment account and now when they are doing the Valuation of open items using f.05 all the batchjobs are going in error, thats why we have changed the Balance sheet adjustment a/c , but the system it is not picking up the previous posting proposals, we guess that they are updating in some internal table, please let me know how to reverse these proposal postings. I have tried by deleting the batch input sessions, but its of no use.
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it seems that you have selected the "balance sheet valuation" flag (right below "Create postings) when executed F.05 for the first time. Doing so, not only a batch input session will be created, but the original open items are updated. You can check this when displaying any of those items simply in FB03, go into that open item, and then choose the menu path Environment --> Valuation --> Display values. If you can see some figures there, then I my assumption is correct.
Now, when you try to run F.05 again (no changes to the data in the meantime), then the same open items don't get revaluated again. This has honestly nothing to do with the fact whether you have processed the batch input session or not. The reason you can se yourself in the column called "Old difference" in the list of the 2nd F.05 run. You will notice that this old difference (shown in FB03) is the same as the currently calulated difference, so for this time, there is nothing more to post. That's why you wont see new items, using your changed G/L accounts for the balance sheet adjustment.
Here is how to resolve this:
Define a new valuation method in the IMG. You do not have to bother with the detailed settings, important is only that you select the radio button called "Reset" for this new method.
Then go to F.05 and choose the new method. You can restrict the selection to the open items in question only to make it run faster. (If you have a list of those items). This will erase the valuation figures from the items. You have no any other (standard) option to achieve this, no reversal, document change, etc. will help you, only this specific valuation method.
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How To Reverse Excess Confirmed Quantity in Process Order?

Hi Experts,
Good day!
I have a Process Order with Total Quantity of 68,180 L which currently have a status of TECO CNF DLV PRC BASC BCRQ GMPS MACM*. I made my first partial confirmation with a quantity of 1,000 L for my Finished Good u2013 this is a confirmation with automatic goods receipt. Then I mistakenly made my Final Confirmation for this order with a quantity of 71,125 L for my Finished Good. I only noticed that my last confirmation was incorrect after the Finished Good in Stock has been depleted already. The 101 movement for the Finished Good that was posted during my final confirmation was not reversed anymore when I canceled my confirmation in CORS. I tried to reverse using a 102 movement type for this order in MB31 however it didnu2019t allow me to proceed and gave me an error said u201Cdeficit of .....in Unrestricted useu201D.
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Hi Rockz,
You mean you made Good Receipt (confirmation) excess 3,945L .
Right now, you want to cancel only 3,945L.
As you said, FG already depleted.
If have no quantity in unrestricted Use, how can we make good movement(102) (because error:u201Cdeficit of .....in Unrestricted useu201D occur when you do TCode MB31 for 102)
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Please revert to me as soon as possible.

Tried this step.
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How to reverse canceled invoice

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       I have created an invoice through MIRO, it has posted one million to the exchange rate gl. It's very huge amount difference. so canceled that invoice through MR8M, then the forex amount is not totally reversed, it split into forex some part and to ppv some part...
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colud anyone tell me how to reverse an entry sheet (ML81N) in SAP?
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I did not authorize 2 in app purchases and because my credit card is at its limit, and i dont know how to reverse the in app purchases, i cannot update any app or do just about anything in the appstore or itunes store. I paid for apps, i demand my updates

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How to generate 3 payment due dates& 3 posting against single invoice?

Hello Experts,
Kindly provides some inputs on below requirement.
For example :- In the Utility Bill,
Consumption months: June, July, August
Meter Reading taken in August
Billing Months: September, October, November
Bill generated in August
Consumer receives the bill on September month
Payment Due dates: 12 Sep 2009, 12 Oct 2009 and 12 Nov 2009
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1.How to generate three posting against single invoice?
2.How to generate three payment due dates for above postings in three consecutive months since payment due date logic is incremental in nature here, e.g.
1st due date = posting date + 15 days
2nd due date = 1st due date + 30 days
3rd due date = 2nd due date + 30 days
Requirement description:-
The utility generates bill quarterly for domestic consumers. For such consumers, the utility takes reading from the consumers premises after end of consumption period (quarterly ) and generates bill on the 1st billing month (here 1st billing month is September).
In the bill the utility divides total consumption into three parts (considering each part for each consumption month) and calculates all charge heads separately on each part. It however, consolidates and generates a single bill having three rows, each row showing charge heads of each consumption month and also net and gross amount to be given for each consumption month.
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Thanks in advance
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Moderator note - question reposted - OP notified of violation Issue on quarterly bill
Edited by: William Eastman on Jun 3, 2010 3:25 PM
Edited by: William Eastman on Jun 3, 2010 5:01 PM

Hello Experts,
Kindly provides some inputs on below requirement.
For example :- In the Utility Bill,
Consumption months: June, July, August
Meter Reading taken in August
Billing Months: September, October, November
Bill generated in August
Consumer receives the bill on September month
Payment Due dates: 12 Sep 2009, 12 Oct 2009 and 12 Nov 2009
Issues-:
1.How to generate three posting against single invoice?
2.How to generate three payment due dates for above postings in three consecutive months since payment due date logic is incremental in nature here, e.g.
1st due date = posting date + 15 days
2nd due date = 1st due date + 30 days
3rd due date = 2nd due date + 30 days
Requirement description:-
The utility generates bill quarterly for domestic consumers. For such consumers, the utility takes reading from the consumers premises after end of consumption period (quarterly ) and generates bill on the 1st billing month (here 1st billing month is September).
In the bill the utility divides total consumption into three parts (considering each part for each consumption month) and calculates all charge heads separately on each part. It however, consolidates and generates a single bill having three rows, each row showing charge heads of each consumption month and also net and gross amount to be given for each consumption month.
Moreover, three postings have to be generated in FICA against that single bill. Also, it provides three due dates to the consumer, each date falling in each billing month, to pay the above three net amounts respectively. Dunning and other activities should be triggered if the consumer fails to pay the stipulated amount by corresponding due date.
Looking forward for valuable suggestions
Thanks in advance
Regards,
Vaseem
Moderator note - question reposted - OP notified of violation Issue on quarterly bill
Edited by: William Eastman on Jun 3, 2010 3:25 PM
Edited by: William Eastman on Jun 3, 2010 5:01 PM

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Please give me advise how to reverse depreciation for only Last month. That should effect the all previous posting.
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can be reversed using ABZU Write-Up.
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Dep. For current depreciation reversal you have no alternative except reversing
co code depreciation document posted using OAGL and then repost it.
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NSF Check - How to reverse a deposit due to a bad check?

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