WebTo account for a nonsufficient funds (NSF) check Select Accounts Receivable Main menu > Cash Receipts Entry. If you have batch processing enabled, the Cash Receipts Entry Batch window appears. Enter the batch number and click Accept. In the Cash Receipts Deposit window, enter the deposit number, description, bank code, and deposit date. WebJun 15, 2024 · Change the Paid By box to Pay Later. Enter "NSF" in front of the invoice number. Change the invoice date to the date your bank reversed the deposit. In the From …
Recording an NSF Check From a Customer in Sage 50
WebTo account for an NSF check, void the receipt in AR, Transactions, Void Receipts. When the check is voided the customer invoice will be reopened and the General Ledger posting will … WebAbout Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators ... biography features ks1
How do I NSF a receivable chq? - Payables and Receivables - Sage 50 …
WebIn the Home window, click Receipts.; In the From box, select the customer for whom you need to reverse the payment.; If the invoice was paid in full, you will need to show fully paid invoices by clicking on the toolbar. Change the Paid By box to Cash and select the chequing account in which to record the reversal.; Enter "NSF" in front of the receipt number. WebJan 11, 2024 · Open the original bill payment check. Uncheck the bill(s) originally paid by the bill payment check. Check the Journal Entry created in Step 1. Enter a Memoto indicate the check was returned for NSF. Select Save & Close. Step 3: Enter a bill for the overdraft charges Do this step ONLY if the vendor charges you for the overdraft fee. WebAn example of a Sage 50 window. Quick reference guides on: Creating, backing up and restoring company data files. Setting up general ledger accounts. Setting up vendor and customer information. Setting up inventory and employee information. Customer, supplier and payroll related transactions. Other cash activities. Month-end activities. biography fanny crosby