On 2023-07-15 03:28, Chris Green wrote: > Similarly uncashed cheques simply don't appear, a cheque > payment only appears in the accounts when it is actually debited from > the bank account.
That doesn't seem right to me. When you write the check and present or transmit it to the payee, the money is no longer yours. If you don't record it in the books till it's cashed, how do you prevent yourself from writing another check that will leave you overdrawn as soon as it and the first one are cashed? I don't know where you're located, but in the US, IRS regulations have determined that a payment is made, legally, in the tax year when the check is written and sent, regardless of how long it takes the payee to cash it. Stan Brown Tehachapi, CA, USA https://BrownMath.com _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
