Documentation >
MAC-PAC Reference Library >
Financials >
Draft Management >
Key Concepts and Procedures >
Unpaid/Claimed Back Drafts
Unpaid/Claimed Back Drafts
In some cases, a bill of exchange may go unpaid by the customer or may not be accepted by the bank. In other cases, you may want to claim back the draft directly from the bank prior to receiving payment. To recover the amount of the unpaid/claimed back draft, a new document can be created in the Unpaid/Claimed Back Draft conversation. The replacement open item has an unpaid/claimed back document type. The unpaid/claimed back document type is defined on Reference File category 329 with a document group of '6' (unpaid/claimed back document type). The default value for this document type is defined on Reference File category 328).
Both types of drafts can include bank expenses that a company can decide to charge the customer. The accounting transactions for this are based on the value of the Bank Entry flag on Reference File category F31.
Related