What is the date of receiving money in case of cheque payments?

Dr.Jyothish Vijay (Dr) (214 Points)

08 March 2019  

For a person like me following cash system of accounting, please advice me regarding what needs to be considered as the "date of receipt of money" in case of a payment which i received via cheque. See the case below:

 

Date of issue of cheque (by the issung company):01-03-2019

Date i received the cheque: 26-03-2019 (Citi bank cheque)

Date on which i presented the cheque at my branch (SBI): 30-03-2019

Date on which money gets credited in my account: 02-04-2019

 

Which amongst the above date is the date i have to show as the "date of receipt of money" when i am following a cash system of accounting?