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As part of 24B patch, ESCHEATMENT OF UNCLAIMED CHECKS is one of the features.

edited Jun 18, 2024 10:30AM in Payables, Payments & Cash Management 2 comments

Summary:



24B FEATURE ESCHEATMENT OF UNCLAIMED CHECKS

As part of 24B patch, ESCHEATMENT OF UNCLAIMED CHECKS is one of the features. We would like to know more about this feature.

After payment is Initiated for escheatment, how business can Send the stop payment instructions to the corresponding banks for all payments in the Escheatment Initiated status? what is the process to send the stop payment instructions to bank in Initiated for escheatment status of payment. Any seeded report is available?

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Version (include the version you are using, if applicable):

24B


Code Snippet (add any code snippets that support your topic, if applicable):

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