articles undeposited-checks 
Accounting Tools
OCTOBER 27, 2023
Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What are Undeposited Checks? Undeposited checks are checks that have been received from customers , but not yet deposited. The checks are post dated , so the entity cannot yet deposit them.
Accounting Tools
JULY 24, 2023
Related Courses Corporate Cash Management Payables Management What is a Registered Check? A registered check is both issued and guaranteed by a bank on behalf of a customer that provides it with the funds for the check. Terms Similar to Registered Check A registered check is also called a certified check.
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Accounting Tools
MARCH 28, 2024
What is an Outstanding Check? An outstanding check is a check payment that has been recorded by the issuing entity, but which has not yet cleared its bank account as a deduction from its cash balance. The check may also be delayed if the issuing entity puts off mailing the check for any reason.
Accounting Tools
JULY 14, 2023
Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is an Unpresented Check? An unpresented check is a check that a payer has created, but which the bank on which the check is drawn has not yet made a corresponding payment to the check recipient ( payee ).
Accounting Tools
SEPTEMBER 19, 2023
Related Articles How to Record a Returned Deposit on a Bank Reconciliation Undeposited Checks The $1,000 is considered by the company to be an outstanding deposit until it is recorded by the bank on April 3. Terms Similar to Outstanding Deposit An outstanding deposit is also known as a deposit in transit.
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