Check Portfolio & Bank Settlement

Maintain a working account of cheques received and issued. This application is designed to organise maturity dates, collection status and bank outcomes so that outstanding instruments remain visible during cash and account reconciliation.

Best suited to

Businesses that record cheque-based receipts or payments.

What you can manage

• Register cheques received from customers or issued to suppliers.
• Maintain maturity dates associated with the instruments.
• Track the recorded collection or settlement status.
• Compare instrument records with the reported bank outcome.
• Review outstanding cheque exposures requiring follow-up.

A practical workflow

Enter each cheque with its account reference and maturity date. Update its status from the bank result, investigate unpaid or unresolved instruments and retain the outstanding position for the period review.

Why this workflow matters

A bank-related difference should be explained before it becomes an accounting adjustment. Comparing the recorded movement with its contractual or transaction context helps the reviewer distinguish timing, charges and missing entries. The resulting working position provides a clearer basis for completing the account reconciliation and retaining supporting evidence.

Working with your records

Use bank, provider or operational records covering the same account and comparison period. Review remaining differences against the source evidence before accepting a correction. The described workflow prepares and reconciles records; it does not hold funds, move money or imply a live bank connection unless a separately specified integration is provided.

Licence

12-month software licence purchased with a one-time payment. The purchase covers the stated licence term and does not create an automatically renewing subscription.