Hi,

I had an accounts receivable paid by a customer, however, the cheque they wrote us was short by the small amount of $0.20 (the cheque was for over $5,000.) I entered the A/R as paid in full, knowing that when I do the account reconciliation that the bank statement would show the actual amount deposited, that is, 20¢ less than the A/R.

So as I am now do the account reconciliation for the month, my amount of "unresolved" is -$0.20 from the cheque being short by this amount.

What is the best way to handle this unresolved amount? What is the entry, if you will? Where do I put this twenty cent "loss/write off?" Or do I just hit "Post" anyways, and let Sage 50 "handle it?"

�

Thanks,

Kristine