Aged Creditor Report showing cancelled cheques

If a cheque is cancelled then the corresponding invoice should either be cancelled as well or a new cheque issued depending on the situation.

Ensure that all outstanding invoices have been processed via the Cheque or BACS routines – try adding a new run to flag up any remaining.

If the invoices need paying or cancelling then the school should decide how to proceed.

Credit notes may also need cancelling.

 

kb22592

How useful was this article?

Click on a star to rate it!

Average rating / 5. Vote count:

No votes so far! Be the first to rate this post.

Posted in FMS and tagged , , .