Do “Uncleared Checks and Payments” appear on the Balance Sheet?

Modified on Wed, 4 Feb at 1:39 PM

They are not mapped to a separate holding/clearing account on the Balance Sheet. In Inn-Flow, uncleared checks and payments remain coded to the Chart of Accounts (COA) used on each individual transaction.


In some accounting systems, transactions that are “paid but not yet cleared” may be held in a clearing/holding account until they are cleared by the bank. In Inn-Flow, the expense is recorded to the correct COA immediately when the transaction is marked as paid, even if it has not yet cleared the bank.




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