Quasar Docs
Chapter 21

Cheques & Banking

This chapter covers all payment, withdrawal, deposit, and bank reconciliation functions in Quasar.

Cheques (Payments)

Quasar uses the Cheque Master screen for all outbound payments — whether handwritten cheques, system-printed cheques, or electronic payments (credit card, debit, online). Three cheque types are available, each showing a different layout:

Cheque TypePurpose
Quick Cheque A simple payment to any payee. Enter a name, address, amount, and allocate the expense to one or more GL accounts. Ideal for one-off payments such as rent, utilities, or petty cash replenishment.
Vendor Cheque A payment against a vendor’s outstanding invoices. Quasar displays all unpaid vendor invoices with their due dates and discount dates, letting you select which invoices to pay and apply early-payment discounts.
Customer Cheque A refund cheque to a customer, allocated against their outstanding credit memos (returns). Quasar validates the cheque does not exceed the customer’s credit balance.
ScreenAccessPurpose
Cheque Master Cheques → Write Cheque Create or edit cheques
Cheque List Cheques → Cheque List Browse and search cheques
Cheque Print Cheques → Print Cheques Batch-print system cheques

Header Fields

FieldPurpose
Cheque Type Quick Cheque, Vendor Cheque, or Customer Cheque. Changing the type switches the lower panel.
Payment Method Hand-written cheque (enter cheque number manually), System generated cheque (number assigned at print), or Credit/debit card or online (electronic payment).
Bank Account The GL bank account to debit. Defaults from the Store Master’s Bank Account setting.
Discount Account GL account for early-payment discounts (Vendor Cheque only). Defaults from the Store Master’s Vendor Terms Account.
Current Balance Current balance of the selected bank account (read-only)
Ending Balance Projected balance after this cheque posts (read-only)
Printed? Status bar checkbox showing whether the cheque has been printed

Vendor Cheque Details

When Vendor Cheque is selected, a vendor lookup and invoice grid appear:

ColumnMeaning
Due Date Invoice due date
Invoice Vendor invoice number
Total Original invoice total
Disc Date Last date for early-payment discount
Due Remaining amount due
Payment Amount to pay on this invoice (editable)
Discount Discount taken (editable — validated: must fully pay the invoice to take a discount)
Pay? Check to pay the full amount due

Convenience buttons:

  • Pay All — pay all outstanding invoices in full
  • Pay Oldest — pay the oldest invoice first (useful for staying within budget)
  • Clear Payments — reset all payment amounts to zero
  • Invoice Info — view details of the selected invoice

An Overpay Amount field allows paying more than the sum of selected invoices, creating a credit on the vendor’s account.

Customer Cheque Details

When Customer Cheque is selected, a customer lookup appears with payee name/address and the customer’s outstanding return credits listed for allocation.

Balance Check If the customer has Check Withdraw Balance enabled on their Customer Master record, the cheque amount cannot exceed their credit balance.

Quick Cheque Details

Quick Cheque shows a simple payee name and address with a GL account allocation grid (Account, Amount, Memo per line). Use the Get Name and Address from address book button to pull payee details from an existing customer or vendor record.

Recurring Cheques

Any cheque can be saved as a recurring transaction via File → Recurring. This creates a template that the system can automatically regenerate on a schedule (e.g., monthly rent payments).

Cheque Printing

Cheques created with the System generated cheque payment method are printed through the Cheque Print screen. The system assigns cheque numbers at print time. Previously printed cheques can be reprinted.

The Cheque List includes a Printed filter (All / Printed / Unprinted) to quickly find cheques that still need printing.

Customer Withdrawals

A Customer Withdrawal pays out a customer’s credit balance using one or more tenders (cash, cheque, etc.) directly from the back office. Unlike a Customer Cheque (which always debits a bank account), a withdrawal lets you pay with any tender type.

ScreenAccessPurpose
Customer Withdraw Cards → Customer Withdraw Pay out a customer credit via tenders

Withdraw Fields

FieldPurpose
Customer The customer receiving the payout
Balance Customer’s current credit balance (read-only)
Amount Withdrawal amount

The Tenders tab lists the payment methods (Cash, Cheque, etc.) and amounts. The References tab allows allocating the withdrawal against specific customer return transactions.

Bank Deposits & Tender Adjustments

Bank Deposits and Tender Adjustments (manual corrections, over/short postings) are part of the daily closing workflow. They are covered in detail in Chapter 24 — Day-End.

Bank Reconciliation

The Account Reconcile screen matches your Quasar records against your bank statement. It shows all uncleared transactions for a bank account, organized into two tabs:

ScreenAccessPurpose
Account Reconcile Cheques → Reconcile Reconcile a bank account against a statement
Reconcile List Cheques → Reconcile List Browse past reconciliations

Reconciliation Fields

FieldPurpose
Account The bank GL account to reconcile
Statement Date The date on the bank statement
Ending Date Show transactions up to this date
Opening Balance Sum of previously cleared transactions (read-only)
Statement Balance Closing balance from the bank statement (enter this value)

Reconciliation Tabs

  • Deposits and Other Credits — shows all positive (credit) transactions not yet cleared
  • Cheques and Payments — shows all negative (debit) transactions not yet cleared

Click on transactions to mark them as cleared (matching your bank statement). The bottom panel shows running totals:

TotalMeaning
Items marked cleared Count and total of cleared deposits and cleared cheques/payments
Statement Balance The value you entered from the bank statement
Cleared Balance Opening Balance + Cleared Deposits − Cleared Cheques
Difference Statement Balance − Cleared Balance. When this reaches $0.00, the account is fully reconciled.

Reconciliation Tools

  • Refresh — reload transactions from the database
  • Bank Charge — quickly create a General Journal entry for bank service charges or interest
  • By Number — find and clear a transaction by its cheque number
  • By Amount — find and clear a transaction by its dollar amount

When the Difference reaches zero, Quasar offers to mark the reconciliation as complete and optionally print a Reconciliation Report showing cleared, uncleared, and new transactions with running balances.

Cheque List Filters

The Cheque List provides several filters beyond the standard date and store filters:

FilterOptions
Cheque Type All Types, Quick Cheque, Vendor Cheque, Customer Cheque
Printed All, Printed, Unprinted
Vendor Filter by vendor
Customer Filter by customer
Payee Search Case-insensitive substring search on payee name

Screens Summary

ScreenMenuHelp
Cheque Master Cheques → Write Cheque Help
Cheque List Cheques → Cheque List Help
Cheque Print Cheques → Print Cheques Help
Customer Withdraw Cards → Customer Withdraw Help
Account Reconcile Cheques → Reconcile Help
Reconcile List Cheques → Reconcile List Help
What’s Next?
  • Chapter 22 — Consignments
  • Chapter 24 — Day-End (Tender Reconcile Wizard, shift reconciliation, and ringoff)