How to process a Dishonoured Cheque?

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Mel_6978702
Mel_6978702 Member Posts: 13 ✭
edited December 2017 in Reckon Accounts (Desktop)
My customers cheque has been dishonoured how do I enter this please. 

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  • Mel_6978702
    Mel_6978702 Member Posts: 13 ✭
    edited March 2015
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    Thank you Faye for confirming this for me. Much appreciated. Enjoy the rest of your day :)
  • Margaret Haines, Reckon Partner
    Margaret Haines, Reckon Partner Member Posts: 14 ✭✭
    edited March 2015
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    I know this has been answered but although the answer does work I wouldn't do it that way. As a rule, GJs should not be used to post to system control accounts, AR, AP and bank accounts. Other accounting systems I use won't let you use journals to these accounts. I would use Write cheques, and code to AR in account field with customer name in customer:job field.
  • Graham Boast
    Graham Boast Accredited Partner Posts: 331 Accredited Partner Accredited Partner
    edited December 2017
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    Hi Margaret

    I have a procedure for this on my website under "Recording Dishonoured Cheques in QuickBooks". This procedure re-raises the debt as a Tax Invoice, and enables you to on-charge Dishonour Fees from the bank:

    http://reckonhelp.com.au/Help_RAB.htm

    Hope you find it useful.

    Graham Boast
    Reckon Accredited Consultant
    graham@reckonhelp.com.au
    www.reckonhelp.com.au/remotesupport.htm

    Graham Boast | 0409 317366 | graham@reckonhelp.com.au

  • Ginie Smith
    Ginie Smith Member Posts: 10 ✭
    edited March 2016
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    It was most helpful Graham.  Thank you!

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