Can you VOID and EFT Payment? YES, you can!

Recently I was asked can an EFT payment that was initiated in NAV, using the electronic payment bank type, be voided after transmission and posting? My initial thought was to scratch my and ask why, but I soon realized; “YES” there are scenarios when this is needed. The very first thing to do is to contact the financial institution and verify if funds have been transferred and if voiding the EFT is valid.

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