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CommunityDoes anyone know how to alter the uncleared funds parameters? We keep depositing cheques, and they show as uncleared funds for 5 days or more, when the bank is clearing them in 3 days max.

Does anyone know how to alter the uncleared funds parameters? We keep depositing cheques, and they show as uncleared funds for 5 days or more, when the bank is clearing them in 3 days max.

Jason Parker (Customer) asked a question.

Does anyone know how to alter the uncleared funds parameters? We keep depositing cheques, and they show as uncleared funds for 5 days or more, when the bank is clearing them in 3 days max.

  • Angela Suckling (Customer)

    I think there's a way to manually clear a chequen quicker. Perhaps it's a right click option, sorry I've only had to do it once, so I can't remember how, but I do know it can be done.

    • Jason Parker (Customer)

      Thanks Angela, really appreciate your response.

      Jason

  • Bianca Hale (Customer)

    Hi Jason

     

    You can edit the Clearance Days for Cheque types here:

    Menu - Settings - Application Settings

    Click on "Accounting" down the left and "Payment Types"

    Click onto the Cheque type you wanting to change the days for - it pops up with a window and "Clearance Days" at the bottom.

     

    (Personal Cheques default to the 5 clearance days so that's probably the one you want to change down to 3)

     

    To manually clear a trust cheque early, open the trust receipt and click the three dots in the top right and select Cheque Cleared.

     

    Hope that helps!

     

    Expand Post
    • Jason Parker (Customer)

      Thanks Bianca, I figured the 3-dot right click thing out from Angela's post. Thanks for telling me about the payment parameters. I really appreciate your assistance.

      Jason P

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Does anyone know how to alter the uncleared funds parameters? We keep depositing cheques, and they show as uncleared funds for 5 days or more, when the bank is clearing them in 3 days max.