Issued a cheque undated to the bank
This query is : Resolved
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23 January 2021
We have issued a cheque undated to the bank . Question is how is that gonna be showing in the books ? Is it necessary? If so what would be the entry in tally.
23 January 2021
Entered in book on the date of clearing
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26 January 2021
Giving PDC cheques to Bank or someone is not a transaction and so we can not make any accounting entris for these. We should be keepting a separate track of these issued cheques and make sure these are cleared over time.
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