[GNC] How to handle bounced check

[Deva -]

Mike,

In such cases, you could try creating a credit note - this will reverse both the invoice and the bank deposit and you have the audit trail.

Then create a new invoice (but this time, wait until the cheque gets credited to your bank). You can always pre-date invoices after the cheque has cleared.

FYI - credit note is on the same window as invoice creation - whenever you click on new invoice, the window that pops up has an option for you to specify whether it’s a new invoice or a new credit note (it defaults to new invoice).

Cheers.

On 02-Feb-2019, at 5:03 PM, <gnucash-user-request at gnucash.org<mailto:gnucash-user-request at gnucash.org>> <gnucash-user-request at gnucash.org<mailto:gnucash-user-request at gnucash.org>> wrote:

Date: Fri, 1 Feb 2019 23:24:22 -0500
From: Mike Alexander <mta at umich.edu<mailto:mta at umich.edu>>
To: gnucash-user <gnucash-user at gnucash.org<mailto:gnucash-user at gnucash.org>>
Subject: [GNC] How to handle bounced check
Message-ID: <12325D4D-60C4-46FD-8013-C93CB9442786 at umich.edu<mailto:12325D4D-60C4-46FD-8013-C93CB9442786 at umich.edu>>
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A few weeks ago I received a check in payment for an invoice I had sent to a customer.  I recorded the payment and deposited the check.  A couple of weeks later I got notice from my bank that the check had bounced.  My question is how to record this.  I want to ?unpay? the invoice and charge the amount back to the customer, but I can?t find a good way to do this.

I tried entering a transaction to debit Accounts Receivable and credit the bank account after which I manually added the split in A/R to the lot for that invoice.  This sort of worked, but the invoice is still marked paid in the customer report.  I can, however, select it in the ?Process Payment? dialog to pay it again and it shows up as unpaid in the receivables aging report.  Can I do better than this?

          Mike