Lost Checks - No Payee - Best Practice
Fred Bone
Fred.Bone at dial.pipex.com
Mon Jun 8 01:11:54 EDT 2015
On 7 June 2015 at 18:35, Milton Stern said:
[...]
> Anyway, back to the uses of the "Orphan" account.
> Wm... I'm confused. From your description, wouldn't it be appropriate for
> the "Orphan" account if a "Voided" check has no Payee matching account? Is
> it better to let our confused financial banks keep track without a
> notation within our local software?
Why would you want a second account anyway? A txn with zero value does
not require a balancing split in another account.
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