PDP-Generated General Ledger Entries

The PDP generates ledger entries in KFS as payments are processed or canceled. If the associated customer's Relieved Liabilities flag is set to Yes, the PDP debits a defined liability object code. If the Relieved Liabilities flag is set to No, the PDP creates a debit for the payment's expense object code. A canceled payment creates similar credit entries.

Document types assigned to these entries are as follows.

PDP document types:

Document Type

 

Description

CHKC

Check cancel

CHKD

Check disbursement (payment status of extracted)

CHKR

Cancel and reissue

ACHC

ACH cancel

ACHD

ACH disbursement (payment status of extracted)

ACHR

ACH cancel and reissue

More:

PDP and Flexible Bank Specification