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Créé le 7 jan. 2021

Disqus Agexpert Accounting Questions Archive

how do you post outstanding cheques that were written in last month of year end but cashed in first month of new fiscal year?

  • RÉPONSE
    10 fév. 2025

    Hello Janice,
    Any outstanding receivable or payable charge will carry forward into your new fiscal year. Once it is paid off you would be able to select the invoice from your payables. If they were not as a payable charge you could enter the withdrawals dated in the last month of the previous fiscal year and then clear them on the bank rec for the 1st month of the new fiscal year.

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