* [email protected] <[email protected]> [2019-04-15 18:11]: > I agree it is a bit backwards from an accounting perspective. But > some of my payees wait up to several weeks to cash checks, and I > prefer to have an accurate picture of my spendable balances. My > mental model has the money leaving the account when I issue a check, > so that whenever the payee ends up cashing it is immaterial to me.
This is exactly how companies handle it in the real world (at least in the UK). That's why they do regular bank reconciliations where one thing you do is compare the actual bank balance with your books and take uncashed checks into account to reconcile. -- Martin Michlmayr https://www.cyrius.com/ -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/20190416054458.GA1709%40jirafa.cyrius.com. For more options, visit https://groups.google.com/d/optout.
