Uncleared Checks

Also known as outstanding checks or unpresented checks or undeposited checks

An uncleared check is a check that has been sent to a payee but is yet to be presented to the bank for payment.

During the month, the business may send a check to a supplier for goods or services.

You will record this payment in your records.

When the supplier receives the check, they will present it to the bank for payment.

Sometimes, however, you will send a check late in the month.

When making the payment, you will record it in your records as usual.

This payment should also show in the month-end bank statement.

However, the supplier may not have presented the check by month-end.

So the payment will not show in the bank’s month-end statement.

In this event, the check is known as an uncleared or undeposited or unpresented or outstanding check

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