SettsPlus

4.6 - Cancel and Adjust Cheques and Receipts, Unpresent Cheques, Reprint Cheques and Receipts

In order to cancel, a cheque or receipt it must have been printed first. Select the “Cancel” in Statements. Select whether Receipt, Cheque or if EFT, Tick the box.

Type in either Receipt, Cheque or EFT number, then Tab, then the amount of the Receipt or Cheque will display.

“F1” to select Reason for Cancelling and then “OK”.

You will then receive a couple of reminders to make sure you are Canceling the correct Receipt or Cheque.

Note: Cheques and Receipts can not be cancelled after they have been presented in SettsPlus.

The Adjust Cheques/Receipts option is only available “prior” to presenting Cheques/Receipts.

E.g, a Receipt was incorrectly written for $486.90.

When presenting cheques the Bank Statement shows the correct amount of $486.70, being twenty cents less.

Adjust the Receipt to the correct amount. If the Bank has made an error, request the Bank amend their Statement, then present the cheque or receipt when adjustment on Bank Statement received. Make a note on each End of Day of the error until the Bank has corrected it.

UnPresent Cheques can only apply if you have not completed an End of Day, select the Receipt or Cheque to unpresent and press OK. In this case, if a clients funds for settlement in a cheque on your Bank Statement has been dishonoured for example, then in that file, do an EFT with an explanation that this is to correct the dishonoured funds. This will bring both the settsplus balance and the bank statement back to the correct amount.

Reprint Cheques & Receipts – this will only apply to cheques and receipts that have been written before an End of Day. Simply enter the cheque or receipt number and press reprint.

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