Use of cancel cheques
This query is : Resolved
25 June 2015
Hi,
Please let me know what of uses of cancel cheques? We have to submitted physical cancel cheques?
Please let me know what of uses of cancel cheques? We have to submitted physical cancel cheques?
25 June 2015
Visit the following link:-
https://profit.ndtv.com/news/your-money/article-what-are-the-uses-of-cancelled-cheques-379901
https://profit.ndtv.com/news/your-money/article-what-are-the-uses-of-cancelled-cheques-379901
25 June 2015
Thanks
But I want to ask from point of view a company. We have to maintain record of cancel cheques and cheque which were issued to party and not clear after expiry 3 months too. Does physical copy of those cheques have to submitted or detail is given to authorized department?
Please advise
But I want to ask from point of view a company. We have to maintain record of cancel cheques and cheque which were issued to party and not clear after expiry 3 months too. Does physical copy of those cheques have to submitted or detail is given to authorized department?
Please advise
25 June 2015
No details to b submitted to any department, But u must have to maintain records of all the cheques.Coz, it will also help u to maintain all records and u may have also to show the Bank at the time of request of new check book.
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