How to Re-Issue a Lost OR Stale dated Trust Cheque

Find the Vendor Payment that needs to be reversed (i.e. VPM000123)

Open that Vendor Payment

From within the Vendor Payment 

• Choose the Actions Menu – select “Reverse”
• In the Vendor Payment Reversal form that automictically pops up:
  • Date: the date you are going to issue the new Cheque
  • Reference: Enter the original cheque number and the reason why the Trust cheque is being re-issued i.e. Lost in the mail, etc.
  • Click Post
  • The Vendor invoice will be back on your pay vendors for to reissue a new chq

Open Pay Vendors and select the Vendor Invoice(s)

Create payments like you normally would

Print Cheques – re-issue the new Trust Cheque with the new cheque number.

Go back to the deal and add a note to the deal tab explaining what has just been done, and why a new trust cheque has been created.

To view this in the deal after it’s been done:

• Open the Deal and Go to the Financials tab
• Both Cheque numbers are displayed in the reference column
• To see the previous cheque – open the Vendor Invoice and open the Applied Documents tab.
• The Previously Applied Documents grid will display the old Vendor Payment it was applied to.
• If you open the Vendor Payment and open the Applied Documents tab, you will see that it is now applied to the Vendor Payment Reversal and was previously applied to the Vendor Invoice.