SAM130032 – Statements:
statement content and layout: open item transaction details
Each Open Item shows the following information
- An item ‘Date’ in the left hand column
for the
first entry of each Open Item
- A description of the Open Item in the first line
followed by a description of any transaction (adjustment, credit
and so on) affecting the item balance
- The amount of each transaction with the suffix
‘CR’ where the transaction is a credit otherwise with
no suffix
- A summary of the amount collectible following any
change to the original charge (
Note: This summary line only appears on statements
created after November 1998)
- The total credit where there is more than one
payment credit present (
Note: This summary line only appears on statements
created after November 1998)
- Accruing interest on the last line of the Open
Item if the Open Item is an overdue charge that is interest bearing
- see section ‘Interest Calculation’
- The Open Item balance in the Balance column to the
right of the last entry for the Open Item
Notes:
- Charge adjustments are displayed in date order immediately
below the Open Item
- Each adjustment shows the difference between the old and the
new charge
- Credits allocated against an Open Item are displayed in date
order directly after charge adjustments. The credit date is shown
within the description
- The last entry for an Open Item that is interest bearing and
has an overdue balance, is the amount of accrued interest
- A payment wholly returned by the bank (returned payment) in SA
is shown as a separate Open Item. The amount and balance columns
both show ‘0.00’. The Open Item where the payment was
allocated no longer reflects the credit
