Hi I came late to book-keeping, and am struggling to find the best way to deal (in Sage) with old cheques that were issued as refunds to 'customers' who have failed to present them. I suspect some of the cheques are made out to companies who are no longer trading, so they have not been presented - or the amount is so small that the recipient has 'forgotten' or 'can't be bothered' with them.
Some of the customers accounts have been closed down and are inactive in Sage, but because the cheques are not appearing on the bank statement, they can't be reconciled out of the bank.
The cheques are old (over 6 months) - one dating back to Jan 2013 - so I simply need to get them removed from the bank account in Sage.
Please can someone advise of the best way to do this? Thank you.
