How do I register and clear a cheque?

You will have the cheque in the right state with the right entries.

Before you start

You need the write permission.

Steps

1. Press add; choose direction, enter serial, bank, party, dates and amount.
2. When you deposit it press Deposit and choose the bank account and date.
3. When the bank pays press Clear; if it bounces press Bounce and confirm.

What you will see

Each action posts an entry and changes the status.

If something goes wrong

• Clear and Bounce use today's date and Clear does not ask first.
• An issued cheque that bounces goes back to Cheques Payable.
• Return works only on an in-hand cheque.