In order to charge off savings or checking accounts via this tool, a miscellaneous posting code must be configured within Tool #534 Misc. Posting Codes Configuration.  You cannot just manually enter any GL account number.



These codes are used to charge off savings or checking accounts that have a negative balance and need to be taken off the credit union books. They are used when charging off the account using the charge-off option via Tool #201 Charge Off Savings/Checking Accounts.

Please refer to the Charge Off booklet (linked below) for instructions.