[GNC] Need help with eBay - tagging multiple sales into one payout hitting checking two business days later

Michael or Penny Novack stepbystepfarm at comcast.net
Sat Jun 1 17:18:11 EDT 2024


On 6/1/2024 4:39 PM, David G. Pickett via gnucash-user wrote:
> I like to record my checks written on the day they were written, not cashed, but am frustrated that then I cannot check when they cleared!

Well technically should be recorded when delivered, with delivered 
meaning "constructively delivered" << when you mail them >> You should 
NOT be tracking "float". Legally that money isn't yours any more even 
though sitting in your bank account until the check clears. The reason 
that just WRITING the check (that date) has no meaning is until you send 
it, could just change your mind and rip it up. But as many do, I use the 
date written even though might not be be immediately picked up by the PO 
<< say I put in the mailbox after collection on Saturday and Monday is a 
Federal holiday -- won't get postmarked till Tuesday at the earliest -- 
the postmark date has legal significance >>

Michael D Novack




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