2.2.4 Instrument Payment

Instrument issues can be liquidated by specifying the instrument Number through this screen. Liquidation can be initiated from the channels as well. Instrument can be liquidated to own bank account, GL or can be received as part of local clearing.
  1. On Homepage, specify PIDINSPY in the text box, and click next arrow.
    Instrument Payment screen is displayed.

    Figure 2-41 Instrument Payment

    Description of Figure 2-41 follows
    Description of "Figure 2-41 Instrument Payment"
  2. Click New button on the Application toolbar.
  3. On Instrument Payment screen, specify the fields.

    Table 2-23 Instrument Payment - Field Description

    Field Description
    Transaction Branch System indicates the Transaction Branch on clicking ‘New’.
    Payment Branch Payment Branch is defaulted as the logged in branch of the customer.
    Source The source is defaulted as MANL.
    Payment Mode Payment mode can be ‘Transfer’ or ‘Cancel’. If payment is done by transferring the amount to another account Transfer mode has to be chosen. If purchaser is cancelling the instrument, cancel option to be chosen.
    Instrument Code Select the Instrument Code.
    Instrument Number Select the Instrument Number to be paid. All instruments outstanding for the instrument code which are in ‘Active’ status ‘are listed.
    Payment Reference System populates the Payment Reference number.
    Payment Date Payment date is defaulted as current date.
    Code Description & Instrument Type Instrument code description and Instrument type are defaulted based on Instrument code selected.
    Test key Specify the Test Key.

Parent topic: Instrument Transactions