Process a Wire Transfer Using a Manual Disbursement (MD) Transaction
Home > Accounts Payable > Job Aids
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
Select the Vendor tab and enter the following information:
Vendor Customer number
In the Accounting tab,
Select the Insert New Line button (click '+' on left).
Enter Line Amount
In the Accounting tab,
Select the COA sub-tab
Enter
Fund
Department
Unit
Object
Appr Unit
Click the Validate button.
Click the Submit button. Note the Transaction ID
