In order to comply with the Arkansas Financial Transparency Act of 2011, customer payment and cash receipt processes have changed.
Things you should know
· Transaction ZF_28 (Post Customer Payments) replaces transaction F-28 (Post Incoming Payments) when posting customer payments.
· Transaction FBCJ (Cash Journal Reporting and Depositing) no longer allows customer payments but continues to allow other revenue postings.
· Transaction ZBCJ (Cash Journal Report and Posting) now accepts multiple electronic fund transfer deposits for a single deposit slip, reducing the number of deposit slips for Treasury.
Those of you who attended the April class Post Customer Payments Using ZF_28 are already aware of these changes to transactions ZF_28 and ZBCJ. Detailed information is also available in the Web documents Post Customer Payments Using ZF_28, ZF_28 Post Customer Payments, ZBCJ Cash Journal Report and Posting, and ZF_28 Post Customer Payment with Over Payment.