What is 'revoked check' in SAP SBO - SAP Business One?

revoked check - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: A check that has been canceled.

revoked check - Details

• 
  Key Concepts: 
  A revoked check is a check that has been canceled by the issuer before it is presented for payment. In SAP Business One (SBO), a revoked check is a check that has been canceled by the issuer and is no longer valid. The check can no longer be used to make payments or deposits. 
  
  How to use it: 
  In SBO, a revoked check can be identified by its status in the system. The status of a revoked check will be marked as “revoked” in the system. This status can be seen in the “Checks” window of SBO. 
  
  Tips & Tricks: 
  When dealing with revoked checks, it is important to ensure that the check is not used for any payments or deposits. It is also important to update the status of the check in SBO to ensure that it is not used for any future transactions. 
  
  Related Information: 
  In SBO, there are several other types of checks that can be used for payments and deposits. These include postdated checks, stop payment checks, and void checks. It is important to understand the differences between these types of checks and how they are used in SBO.