[GNC] How to handle bounced check

[Jeff Abrahamson]

Please don't delete the transaction unless you really don't like good
accounting practices.  Always leave a trace of what you do and why.

Just select the original cheque payment, choose "Add reversing
transaction
<https://www.gnucash.org/docs/v3/C/gnucash-help/trans-reverse.html>",
modify the date and give it a slightly different number (I prepend "X"
to transaction numbers that are cancellations, any convention will do),
and add a description like "cheque returned for insufficient funds".

Separately, add an entry for the bank fee.  Refer to the transaction
number of the returned cheque (the X... in my world).

Jeff Abrahamson
http://p27.eu/jeff/
http://transport-nantes.com/


On 02/02/2019 06:06, David Cousens wrote:
> Mike
>
> Simnply delete the payment transaction. This will leave the invoice open and
> still awaiting payment.
>
> The other approach you could take if you want to maintain a full accounting
> trail would to be to create a reversing transaction for the payment, duly
> annotated. This will leave the original invoice in place but the reversing
> trannsaction won't be tied specifically to the invoice in the way the
> original payment was. You could then reissue a new invoice, adding the
> dishonour fee and any interest charges you specified in your original
> invoice terms and conditions.
>
> David Cousens
>
>
>
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> David Cousens
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-- 

Jeff Abrahamson
+33 6 24 40 01 57
+44 7920 594 255

http://p27.eu/jeff/
http://transport-nantes.com/