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Stale cheques

This query is : Resolved 

29 September 2011 what is the treatment for stale cheques in case of E cheque payments.i.e E cheque prepared and not authorized in Internet Banking. Please advice.

29 September 2011 well if the payment entry been already passed the same need to be reversed

29 September 2011 If not authorised then the bank balance would have not come done. However If you have taken entry in your books then you have to reverse the same.




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