- Money orders, or CK07 properties, are now only allowed for the following business categories and their descriptions have been updated:
- Corporation - Non-Bank Money Order
- Financial institution - Bank Money Order
- Retail company - Non-Bank Money Order
If you add a CK07 property to a business belonging to any other category, you will get an "Invalid property code" error.
- When adding CK07 and CK08 properties, you must include an Alternate filing state to indicate the state where the money order or traveler's check was purchased. If the Alternate filing state is invalid or missing for these property types, you will get an error prompting you that it is a required field.
- We added new logic to ensure money orders, or CK07 properties, are reported correctly:
- Money orders purchased in AZ, AR, HI, IA, KS, LA, ME, MN, NV, NM, VI, and WV will convert to the CK15 property code, other outstanding official checks, at import and will be reported to the property owner's state if the owner's name, street address, and state are provided.
- If the property owner's name, state address, or state are missing, the property will remain categorized as CK07 and will be reported to the state where the money order was purchased (Alternate filing state).