Please help cheque issued receipt and payment account

how to show cheque issued but not cleared in receipt and payment account?
Replies (6)
Quick Summary
This discussion addresses how to accurately record cheques that have been issued but not yet cleared in the receipt and payment account. The consensus is that such cheques should be treated as a payment in your books. This ensures your accounts reflect the outflow, even before the bank statement shows the clearance. The Bank Reconciliation Statement (BRS) is highlighted as the essential tool for managing these discrepancies between your records and the bank's.

You have to consider it as payment.

It will be part of BRS
Not to show
@ Rashmi mam
What do you mean by so?
Yes???
Bank statement is different from books of accounts.

In the books it has to be considered as payment and in bank statement it will appear after clearing.

Hope BRS ( Bank Reconciliation Statement) is introduced for this purpose only

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details