Cheques

The are Payments to suppliers and may be in the form of printed cheques, EFT or BPAY. They are normally matched with a corresponding Suppliers Bill. Cheques should not contain any reference to GST.

Process relating to Cheques include:

• Post to Ledger

Ledger posting transfers funds to the EFT holding account. In order to actually pay the supplier, the generated EFT must be processed.