Hi BradUSA
Thanks for your reply - When I open the checks screen. There is no listing (column)for check number. The headings on my system are; Date, Number (this is the Payment Number as it is prefixed with PMT) Supplier and Status. Like you put I a description in the Folio notes and I have been putting the cheque number there for easy identification when reconciling.
I dont get the status (surely Open should be ones that are NOT presented one would expect Closed are ones that are presented) - but not the end of the world.
What I don't understand is that unpresented checks are taken out of the bank balance in various reports eg Bank Balance b/f $1,000, you write 2 checks for $100 each one is presented the other is not - the bank account balance should be
$1000-$100=$900
yet looking at the Balance Sheet report and the Account Enquiry report both give the bank account balance as $800 - including the $100 that has not been presented. The little summary window (bottom left) also has the account listed as the balance including the unpresented check - its assuming it has cleared when it has not.
In the Reconcile account section the unpresented cheque $100 has NOT been ticked and therefore pops up again in the next reconciliation - and will do until ticked. I understand that is as it should be.
Surely the balance at the bank at period end MUST balance with the Balance sheet at the end of the same period?
There is also no mention in the reconciliation report of the unpresented check - which is annoying.
Has anyone else noticed this? - am I doing something wrong? Again I am still using the free version so not sure if that has an impact.
Cheers
Baroo