Use this area to cancel a trust electronic funds transfer entry.

1.       Click on the Accounts Menu Function button.

2.       Select the appropriate Trust Account from the Drop Down List.

3.       Locate the EFT Transaction in the Transaction View area using either All Transactions or

Transactions By Ledger option. See: Transaction View

4.       Double Left click on the transaction, the Payment Active Window will be displayed.

5.       Click on the Cancel Payment button.

6.       Enter the Cancellation Date into the Date of Cancellation using the Calendar Drop Down

List. Note: a future date or a date prior to a closed bank reconciliation will not be allowed.

7.       Enter an explanation for cancelling the EFT into the Reason field.

8.       Click on the OK button.

Note: The user will be unable to cancel a “presented” EFT transaction. If the bank reconciliation that the EFT transaction has been presented on has not yet been closed the user can “unpresent’ the EFT before trying to cancel again.