Banking & Payments

Between the POS and the bank statement lies everything this group covers: money received and paid outside the register, cheques that mature later, and the discipline of proving your ledger against the bank's.

• Payments & Receipts — collecting receivables, paying suppliers, settling in bulk.
• Post-Dated Cheques — the cheque drawer, on the balance sheet instead of in a diary.
• Bank Reconciliation — the monthly proof, and how tender clearing makes it match.

The flow in one paragraph#

Sales money arrives via the POS and lands on registers and clearing accounts; the day close sweeps settled money into the banks. Everything else — customer collections, supplier payments, deposits of drawer cash — moves by voucher through this group's pages. At month-end, reconciliation proves the ledger's banks against the statements, and any gap has a short list of places to hide.