How to Bounce a Repayment

How to Bounce a Repayment

Click on the banking button in the main menu to be directed to your banking window. Select the banking batch which the repayment transaction is related to, this will load the batch into the window. Once you have identified the repayment transaction which needs to be bounced, click on the red Bounce button next to the transaction.

Once you have clicked on the red Bounce button, a window pop up will appear. Here is where you can reverse the payment. Select the Effective date, the Trancode and the Transaction amount which needs to be reversed and click save.

The reverse transaction or bounce payment will then be reflected in the list of transactions within the banking batch and can be viewed when viewing the banking batch.