To cancel a disbursement from the Company level Payments tool as a payor.
Payment Admins and Payment Disbursers can only cancel disbursements before they are authorized for payment processing. The steps that you use to cancel a disbursement depend on whether your team has configured a custom Payments Workflow to authorize disbursements:
If your company is using a custom Payments Workflow, Payment Admins and Payment Disbursers can cancel a disbursement while the workflow is in progress, as long as has not been authorized for payment processing.
When creating a new disbursement, Payment Admins and Payment Disbursers can cancel it before authorization. Simply click the X to close the New Disbursement form. This closes the New Disbursement form without saving the disbursement. You do not need to enter a cancellation reason.
*Goldman Sachs Transaction Banking services are provided by Goldman Sachs Bank USA (“GS Bank”) and its affiliates. GS Bank is a New York State chartered bank, a member of the Federal Reserve System, and Member FDIC.