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How do I deal with a bounced cheque?

In this example you have already entered the cheque as a Sales Receipt and want to record the fact that the cheque has bounced and leave the Sales Invoice on the Customer Ledger
1. Edit the original Sales Receipt.

Select SAL RCT from Entries menu, click EDIT and enter transaction number of original Sales Invoice.

Change the Y to an N in the YNP column.

SAVE the transaction. Click YES to put the amount on account.

2. Enter a Purchase Payment to clear Sales Receipt(SA)

Customer has to be a TWO WAY TRADER in order to do this. Enter the Purchase Payment on the date the cheque bounced.

This leaves the Sales Invoice unpaid and showing on the Customer Statement.