Process a Wire Transfer Using a Manual Disbursement (MD) Transaction

Process a wire transfer using a Manual Disbursement (MD) Transaction. This will be entered by departments to initiate a wire transfer by the Treasury. The MD Transaction will record the accounting impact to Cash, and will notify Treasury to request a wire transfer from the bank. 

Select MD Transaction (MD) tile or in the Global Search Bar enter page code: MD

• In the Global Search Bar enter the page code MD 

• Enter Transaction Dept

• Click Create.

• Transaction Unit code can be populated if applicable for the department but not required.

• Mark the Auto Numbering checkbox and click Continue.
  NOTE:  Transaction ID will auto populate when auto numbering is checked

In the new MD Transaction, on the Header Tab, 

• Payee section - should be left blank

• Disbursement Details section, enter the following:

• Check / EFT Issue Date - leave blank (will auto-populate when validated/approved)

• Bank Account - enter bank code 8 unless otherwise directed

• Check Number - leave blank (it will auto-populate with all zeroes when validated)

• Check/EFT Numbering (not required, leave unchecked)

• Manual Check - leave unchecked

• Adjusting Entry - check

• Internal Reconciliation auto-populates to N/A when validated