• Registered: 09/25/2011
  • Posts: 2

Topic: Buy, sell by cheque

Hi all
i investigated FA to find where i can buy or sell through Cheques, but i didn't find this feature
Cheques are very important in commercial in our region, i don't if it's possible in the system
i hope so because every thing else is wonderful
Thanks

  • joe
  • Administrator
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  • Registered: 03/15/2007
  • Posts: 5,107

Re: Buy, sell by cheque

Well I see no problems in doing that. You treat the cheques as money notes and register normally. If a cheque is bounced you just void the payment.

When paying suppliers you can install/activate a cheque printing fascility to print them.

/Joe

  • Registered: 02/03/2012
  • Posts: 4

Re: Buy, sell by cheque

How about if the due date of the cheques is still,... let say 2 month again? If the customer pay full amount but using cheques and the due date still 2 month again, will it be reported as unsettled payment or settled?

  • joe
  • Administrator
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  • Registered: 03/15/2007
  • Posts: 5,107

Re: Buy, sell by cheque

It is up to you to decide when you will book the Payment.

/Joe