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How to Deactivate a Virtual Account? Print

Maker/Single User


Step 1: Log in to iBusiness and click on iManage. Afterwards, you will be redirected to the iManage (Global Liquidity and Receivables Solution) Home Page.





Step 2: To deactivate a Virtual Account, click on Virtual Account Management >> Virtual Account Maintenance on the left hand side of the screen.

  • Select Approved on the Queue dropdown at the right hand side of the screen



Step 3: Select the Virtual Account to be deactivated by clicking the Virtual Account Number – Account Name

  • You will be directed to the selected Virtual Account with the full details of the VA



Step 4: Scroll down and click on Deactivate at the bottom of the screen

  • Input the Remark
  • Click "Deactivate” and click Yes on the pop-up prompt.
  • A confirmation that the Virtual Account has been submitted for deactivation approval successfully will appear on top of the screen
  • For Single User, a confirmation that the Virtual account has been deactivated successfully will appear on top of the screen


Checker


Step 1: Log in to iBusiness and navigate to Services >> PCM Products then click on the iManage logo. Afterwards, you will be redirected to the iManage (Global Liquidity and Receivables Solution) Home Page.



Step 2: Click on Virtual Account Management >> Virtual Account Maintenance on the left hand side of the screen and click on Pending Approval.




Step 3: You will be navigated to the Pending Approval Virtual Accounts page. The system will display the list of Batches for approval.

  • You can either approve a single batch or multiple batches by clicking on the box for each virtual account request.


Step 4: You can also click on the Virtual Account Number to view the breakdown of the virtual account submitted.

  • From here, the Approver has the option to select the virtual account which is to be approved or rejected for deactivation.


Step 5: Once the virtual account/s is/are selected, click on the Approve button on the bottom of the page then click Yes on the pop-up prompt.

  • A confirmation that the Virtual Account has been approved successfully will appear on top of the screen







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