How to use /ATL/KP03 - Return cheque from bank

SAP Transaction Code - Details

• Transaction Code: /ATL/KP03

  Description: Return cheque from bank

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Country-/Region-Specific Functions > Israel > Cashier Systems > Periodic Processing > Bank Payment Return (Israel)

• • Program: /ATL/KP09REP01

    Screen: 1000

    Authorization Object:

  • Development Package: /ATL/CASHIR

    Package Description: cashier system

    Parent Package: /CCEE/IL

  • Module/Component: FI-LOC-FI-IL

    Description: Financials Israel

Smart SAP Assistant

• SAP Tcode: /ATL/KP03 - Return cheque from bank

  
  Overview:
  
  /ATL/KP03 is a SAP transaction code used to return cheques from the bank. This transaction code is used to reverse the posting of a cheque that has been returned by the bank due to insufficient funds or other reasons. It is used to update the accounts receivable ledger and to ensure that the customer’s account is not overcharged. 
  
  Functionality:
  
  The /ATL/KP03 transaction code allows users to enter the details of the returned cheque, such as the customer’s name, account number, and amount. The system then updates the accounts receivable ledger with the new information and reverses any postings that were made when the cheque was initially received. This ensures that the customer’s account is not overcharged and that any payments made are accurately reflected in the accounts receivable ledger. 
  
  Step-by-step How to Use:
  
  1. Enter /ATL/KP03 in the command field. 
  2. Enter the customer’s name, account number, and amount of the returned cheque. 
  3. The system will update the accounts receivable ledger with the new information and reverse any postings that were made when the cheque was initially received. 
  4. Confirm that all changes have been made correctly and save your work. 
  
  Other Recommendations: 
  
  It is important to ensure that all returned cheques are processed correctly in order to avoid any discrepancies in the accounts receivable ledger. It is also important to ensure that all customers are notified of any returned cheques in a timely manner so that they can take appropriate action to rectify any issues.