1. ACH Debit User Guide
  2. Maintenance Screens
  3. Generic Validation Related Maintenance
  4. Originated ACH Debit Preferences
  5. Return Preferences Tab

Return Preferences Tab

  1. On Return Preferences Tab, specify the fields.

    The preferences for processing of Returns received for an Originated Debit can be maintained in R-transaction Preferences tab.

    Figure 2-5 Originated ACH Debit Preferences - Return Preferences Tab

    Description of Figure 2-5 follows
    Description of "Figure 2-5 Originated ACH Debit Preferences - Return Preferences Tab"

    Table 2-4 Originated ACH Debit Preferences_Return Preferences Tab - Field Description

    Field Description
    Re-pick up FX Rate This field value can be maintained as 'Yes', if FX rate has to be re-picked for R-transactions which has accounting / FX impact.
    Return Days

    The Return Days allowed for Originated ACH Credits can be captured in this field. If the return days are maintained, system is validated whether the Return is received within the allowed days. This validation gets skipped, if the maintenance is not available for Return days.

    Return days are counted as Network working days. If the last allowed date is a branch holiday then it is moved forward as next branch working day.
    Return GL Specify the Return GL from the list of values. This field lists all the valid GLs available in External Chart of Accounts maintenance (Function ID: STDCRGLM) of type 'Liability'. This GL is used to post the return transaction accounting if it is canceled during processing. If this GL is not maintained no Accounting is posted on cancel of a Return transaction.
    Accounting Codes :
    File Accounting Specify the Accounting codes applicable for Receipt Accounting of Return messages of ACH Receipts from the list of values.

Parent topic: Originated ACH Debit Preferences