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Check Payment Tracking

Mar 11, 2026 ยท 1 views

Track check payments with a proper lifecycle that correctly reflects your bank balance. Checks go through Issued → Cleared (or Voided), using an intermediate Checks Payable account.

How Check Payments Work

Issuing a Check

When you pay a supplier bill or expense by check:

  • A check voucher record is created with status Issued.
  • The accounting entry debits the payable/expense and credits Checks Payable (2080).
  • Your bank balance is not affected yet — the money hasn't left your account.

Clearing a Check

When the check actually clears the bank:

  1. Go to Accounting → Check Register.
  2. Find the issued check and click Clear.
  3. Enter the clearing date.
  4. The system debits Checks Payable and credits your bank account — reducing your bank balance.

Voiding a Check

If a check needs to be cancelled (owner only):

  • Click Void on an issued check.
  • The original journal entry is reversed, restoring the payable or expense.
  • The check is marked as voided and cannot be used again.

Check Register

The Check Register page shows all checks with:

  • Check number, date, payee, amount
  • Status badge (Issued, Cleared, Voided)
  • Summary stats: total issued, cleared, and outstanding amounts
  • Filter by status, date range, and payee

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