Posted Dated Cheque Register

• Cheque Received Entry

Maintains received cheque details such as cheque receive date, present date, amount, bank and customer together with relevant invoice no’s.

• Cheque Present Entry

When a date is entered all unpresented cheques are shown and the user can tick opposite the cheque number to deposit it in a specific bank.

• Cheque Realized Entry

When date of the realized cheque is entered into the system, the cheque will be automatically realized.

• Cheque Dishonoured Entry

When dishonoured data is entered for a cheque that is not realized, it automatically reverses the debtor balance and the relevant invoices.

• Cheque re-deposit Entry

When a cheque is dishonoured due to some reason and can be deposited again this transaction is entered.

• After a cheque is realized it cannot be dishonoured. After realizing, the debtor's statement shows the invoice amount with the allocation.
• Before the cheque is realized the user can dishonor the cheque. All dishonoured cheques are shown in the debtor's statement. Once a cheque is dishonoured the invoice balance is automatically reversed.
• Only dishonored cheques can be re-deposited. When re-depositing, one cheque can be allocated to many invoices.
• Facility to obtain age analysis of unrealized cheques (according to user defined aging periods).
• One cheque number can be allocated to multiple invoices. However a cheque no. for one customer bank cannot be repeated.
• Daily “to be banked cheques" listing facility.
• Cheque purchasing facility.
• Cheque presenting dates amendment facility.  
• Realized cheques are monitored daily. 
• Allocates cheque advance payments against invoices or debit notes.