An Enterprise Client user asks, “How do I handle an insufficient funds check received from a customer?”
To handle a bounced check, set up a new item in the Item List and choose “Other Charge” as the type. Name the item, “NSF”, make it non-taxable and direct it to your checking account. When a check bounces, invoice the customer using the NSF item. This will deduct the funds from your bank register and set up the receivable.