On 11/7/21 05:42, Michael Hendry wrote:
I’m assuming a “head check” is what we in the UK would call a post-dated cheque
- a cheque which can’t be cashed until a stated date; for what it’s worth, I
understand that banks in the UK will often make the payment if the cheque is
presented early.
Similar comment, by a non-accountant. What I do with transactions that are
planned is to enter them when I place
the forward transaction with the bank, & set the date as when the account will
be paid (or transferred).
I can always see the current day balance by looking at the dividing line on
On 6 Nov 2021, at 21:40, Shevach Pepper wrote:
>
> Hello there,
> 'I'm having trouble on how to record buying groceries on Jan. 1 with a
> head check for Feb. 1
> What I understood from the manual that this is not an expense but a
> liablity but I don't understand if I should make two
Hello there,
'I'm having trouble on how to record buying groceries on Jan. 1 with a
head check for Feb. 1
What I understood from the manual that this is not an expense but a
liablity but I don't understand if I should make two accounts one
expense: grocery and one "liability:
