Banks will often process multiple cheques as one receipt of money.
To make the process of allocating cheque payments in Clear Books easier, you can create a bank account specifically for cheque payments and use this to pay invoices. When cheques are processed by the bank in your business account you can explain the receipt of money as a transfer from your cheque account.
Step 1.
Navigate to Money > Bank accounts and click on the add a new account button.
Step 2.
Add a cash account and call it Cheque Account or something similar.
Step 3.
Now you can use the record payment form to pay off invoices where payment has been received by cheque. Make sure to use the cheque account when paying the invoice. You can enter the cheque number in the Payment description. Please see the guide below on how to record payments against invoices:
How to record a payment against an invoice
Step 4.
Once the cheques have been paid into your business account and processed by the bank, you can explain the receipt of money as a transfer from the cheque account. Please see the guide below on how to explain a transfer from the Bank Explain screen.