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Download Settlement and Clearing User Manual
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Date Particulars Transaction Posting Date Endpoint 10 GL Account Dr Amount (Dr) Amount (Cr) Cheque Amount Cheque Amount To CASA (By immediate credit being granted for a deposited cheque) 7120 - Late Clearing Maintenance Using this option ,you have to make sure that all cheque transactions are completed, authorized or reversed, and late clearing is marked for all clearing types for the posting date before outward clearing is run for a particular posting date. After the late clearing is marked for a posting date, if any cheque is deposited on that posting date, it will be sent into clearing for the next posting date.This option is used only within decentralized branches, where the branch directly reports to the Clearing House. Definition Prerequisites BAM14 - Service Charge Code Maintenance STM59 - Settlement Bank Parameters STM54 - Routing Branch Maintenance BAM28 - Endpoint Float Maintenance BAM27 - Calendar for End Point BAM56 - Currency Codes Maintenance STM64 - Clearing Type Maintenance BA091 - Currency Rate Maintenance All the batches and cheques should be authorised Modes Available Not Applicable To mark late clearing at the host level 1. Type the fast path 7120 and click Go or navigate through the menus to Transaction Processing > Internal Transactions > Clearing > Late Clearing Maintenance. 2. The system displays the Late Clearing Maintenance screen. Late Clearing Maintenance 10 (The clearing house is called the Endpoint.)
