Setting Up a Checking Account for In-Transit Payments
You can use in-transit payments when you write paper checks.
To set up a checking account for in-transit payments:
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Go to Lists > Accounting > Accounts.
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Click Edit next to the checking account. For more information about how to edit an account, see Editing an Account.
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Check the Use Match Bank Data and Reconcile Account Statement Pages box to enable the account for confirmation using data import and account reconciliation.
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Click Save.
When you write a check, the available balance for the account shows on the check. The bank account available balance is calculated as follows:
Bank account balance — Sum of outstanding in-transit payments = Available balance