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The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> How do I deal with a lost cheque in Sage 50 Pro 2014
Post Info TOPIC: How do I deal with a lost cheque in Sage 50 Pro 2014
KenStarnes


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How do I deal with a lost cheque in Sage 50 Pro 2014
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I have a supplier who never received his cheque (from last year) - it got lost in the postal system.

I want to pay him the outstanding amount (£20) by Internet Banking.

The original cheque payment has been VAT reconciled so I can't delete it. (We run Cash Accounting for VAT purposes)

I need to put back the payment and then re-issue it but don't know how to go about it.

How do I deal with this situation ?

  • Do a Bank Receipt for £20 - that will balance to zero the cheque and the bank account  reconciliation.
  • Create a dummy supplier invoice for £20
  • Pay my supplier

My only issue then is we've then created 2 invoices for the supplier...but maybe that doesn't matter

Am I correct?

Thanks

ken



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Sculfy


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Hi Ken, I would reverse the cheque out, in supplier screen on left should be supplier refund choose that and reverse cheque out. When entering the new payment you can offset against the refund you've just entered. HTH, Jules

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Jules

www.simplybookkeepingservices.co.uk
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