...
.AR Reconciliation program – this is where you assign the cheque, which bank the cheque should go to. (This also creates a journal entry on your GL, debit bank credit cheque clearing and the date that will appear on your AR report will be 0000-00-00 until you perform the cheque clearing and the collection date will be shown).
Deposit Cheque Tab
- Select the Date you deposited the cheque. This is the date that will be used in the journal entry, always consider the number of days for the clearing. For example, you deposited the cheque on April 31, the cheque will only be cleared after two days or the next day. But the journal entry is already done on April 31.
- Select which bank account you are going to deposit the cheque.
- Select the cheque that you want to deposit. You can also select the top box to select all the transactions.
- Click "submit" when done.
Deposit Cheques Journal Tab
This overview shows the cheques that have been deposited during the selected date range. As long as a cheque has not been reconciled through the cheque clearing (GL) can be reversed in this program. When the cheque has been reconciled the select box will not be visible.