By default, reversals and cancellations are posted immediately when users click Payment reversalin the Checkform or Cancel paymentin the Deposit slip form. Use the following steps to send reversals and cancellations to journals for someone to review before they approve and post the reversal or cancellation, or before they reject the reversal or cancellation.

1. Click Bank> Setup> Parameters.

2. Select any of the following options:

   • To use the Check reversalsreview journal in Bank, select the Use review process for payment reversalscheck box.

   • To use the Deposit slip payment cancellationsreview journal in Bank, select the Use review process for deposit slip payment cancellationscheck box.

   • To require reason codes with payment reversals, select the Require reasons for payment reversalscheck box.

   • To require reason codes with cancellations, select the Require reasons for deposit slip payment cancellationscheck box.

3. Close the form.

4. Click General ledger> Setup> Journals> Journal names .

5. Press CTRL+N to create a new journal name.

   • If you are creating a check reversals journal name, select Bank check reversalin the Journal typefield.

   • If you are creating a deposit slip cancellation journal name, select Bank deposit slip cancellationin the Journal typefield.

6. Press CTRL+S to save the journal name.

You also can set up alerts so that reviewers are notified when new records are ready for review. For more information, see Create alert rules.