[w4apartments]

I'm new to this "game". I'm not quite sure what action to take with regard to a deposited cheque that has not yet cleared. This amount has appeared on my bank statement today but has not cleared. Do I reconcile using Advanced Reconciliation? Thanks.

W4
K

[Beau Miller]

Hi W4

Just to clarify, is this a cheque that has been deposited for payment of rent or invoice?

It sounds like someone has deposited a cheque directly into your bank account. If so, you have a few options. You could receipt as deposited once the funds have cleared.

Or you could receipt as cheque today, and then process a banking using the banking wizard, but make sure you have a clearing days on cheques in the system to however many days your bank takes to clear. You can do this in Tools Options Disbursement tab and under Withhold select Days to hold cheques until cleared x % days