No. It is very well possible that when you cash the check it does not get paid.
cash equalivant
No, you typically cannot deposit a postdated check before its due date, as banks usually process checks based on the date written on them. If you attempt to deposit a postdated check early, the bank may reject the deposit or return the check. It's best to wait until the actual date on the check to make the deposit. Always check with your specific bank for their policies regarding postdated checks.
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.
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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
No, you typically cannot deposit a postdated check before its due date, as banks usually process checks based on the date written on them. If you attempt to deposit a postdated check early, the bank may reject the deposit or return the check. It's best to wait until the actual date on the check to make the deposit. Always check with your specific bank for their policies regarding postdated checks.
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.
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.
No, credit cards are loans and debit cards are checks.
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Check Into Cash typically does not accept starter checks for cashing. Starter checks are often considered less secure and may not have the necessary verification features. It's best to contact your local Check Into Cash location directly or check their website for specific policies regarding check cashing.
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.