This article will cover how to Enter Outstanding Cheques i.e., unpresented/uncleared cheques to be included in the bank reconciliation for reconciliation purposes. This process is an additional step when migrating from another accounting software solution.
Cheques entered using "Enter Outstanding Cheques" do not affect the General Ledger or Clients/Matters. Only the Bank Reconciliations are affected where the outstanding cheques entered will show on the Cheques/Payments side of the Bank Reconciliation. |
Steps
- Click on "Maintenance"
- Select "Enter Outstanding Cheques"
- Bank - Select the bank the outstanding cheques were written from
- Date - Select or enter date of the cheque
- Payment Type - Select the payment type
- Cheque / Reference Number - Enter the cheque number or the reference number
- Payee - Select or enter the Payee
- Amount - Enter the amount of the cheque
- Click on "Save"
- Unposted Outstanding Cheques - Outstanding cheques entered and saved will be listed below. These can be edited or removed before posting.
- Click on "Post and Close"
Unreconciled/Uncleared deposits cannot be entered but should be cleared before migration. |