No. It is very well possible that when you cash the check it does not get paid.
cash equalivant
Yes, you can deposit checks at ATMs, but not all ATMs allow you to cash checks.
No, credit cards are loans and debit cards are checks.
does walmart cash state child support checks
Checks that are older than 90 days (180 days in some countries) are considered stale or expired checks. They are checks that no longer carry a value and no bank would cash such a check. It is called a Stale or an Expired check and it carries no value.
Give me a check with a postdate on it. I won't cash it until then.
cash equalivant
Are post-dated checks issuing allowed by the State law in Greece or it is forbidden? Tks for the answer. Massimo
Postdated checks. If a customer gives you postdated checks, treat them as a note receivable. In other words, debit it to Notes Receivable, not to Cash. On the date written on the check, deposit it to your firm's account, debiting Cash and crediting Notes Receivable. Returned checks. When the bank notifies you that it is returning a customer's check for NSF (not sufficient funds), debit the customer's account immediately-even if you plan to redeposit the check the same day. For good internal controls, instruct your bank to address all returned checks to someone other than you-possibly the owner or a senior manager. This can protect you if an employee tries to use fictitious checks to cover temporary shortages. http://www.aipb.org/newsletter/bookkeeping_tips/pdfs/BookkeepingTips_2-38.pdf
Yes, you can deposit checks at ATMs, but not all ATMs allow you to cash checks.
No, credit cards are loans and debit cards are checks.
Cash is pretty much that, cash or what is considered "cash equivalent" which usually includes such things as petty cash, credit or debit card payments received, money orders, checks, cashier's checks, etc.The Cash account in accounting is used when cash or payments are received or cash is paid out for some reason, expenses, purchases, etc. It is usually the companies bank account.
does walmart cash state child support checks
Checks usually have a validity of 90 or 180 days (depending on the country) and after that date, the check is stale and worthless. No bank will accept such checks for cashing or cash it. Since it has no value it is considered to be stale.
Checks that are older than 90 days (180 days in some countries) are considered stale or expired checks. They are checks that no longer carry a value and no bank would cash such a check. It is called a Stale or an Expired check and it carries no value.
It's a check that's dated after the date it was written. Banks used to not honor checks before the date that was written on them, so people would send a check dated after payday to pay the gas bill or something. These days, if a check shows up at the bank they'll process it no matter what the date is on it...so don't write any more postdated checks.
I have not see checks here in Europe...