Data entry – cheque

Data entry – cheque

Click on Accounting | Data entry | Cheque | Cheque Entry

  • There are 5 different cheque types, these are:
  • Payment For individual cheque payments to a Creditor/Supplier when not entered through the Non-BSP Return area. This is the only entry that will generate to ‘Sales analysis’.
  • Refund For individual cheque payments to a Creditor/Supplier when not entered through the Non-BSP Return area. This is the only entry that will generate to ‘Sales analysis’. Used when processing a refund cheque being paid to a client
  • Return Cheques are never entered in the ‘Return’ screen. The entries are only generated
  • from user-generated weekly BSP returns. BSP Return Reversals are done here.
  • Administration To do General Ledger cheques such as your monthly expenses cheques. The Creditor option is only generated from running a Non BSP return.
  • Void To record any cheques that have been voided or cancelled. NB. No financial transactions can be captured through this tab. Any reversals need to be entered through the same tab (type) as the original entry.
REVERSALS   Payment, Refund and Administration (G/L cheques only) can be modified or deleted before listing/updating has been done. All cheque types can be reversed except for the Void option. Once a cheque has been reconciled to the Bank statement it can’t be reversed, you can only raise an opposite entry.
 
  NOTE: When reversing cheques generated from a BSP or Non BSP Return the entries will automatically be unmatched, so you can make the necessary changes and run the return again.

NOTE: If you wish to view entries that have been previously list/updated you will need to first click on Options and select to ‘View all Cheques’.