10/15/2026
Uncashed supplier cheques make your bank balance lie.
You look at your online banking screen, see a comfortable cushion, and approve new shop inventory or extra contractor hours. Meanwhile, three trade vendors are holding paper cheques from September in their desk drawers. The second those clear, your safety buffer evaporates overnight.
Looking strictly at live bank feeds hides what you already committed to spend. Clean bookkeeping accounts for issued payments the minute they leave your hands, giving you a true view of actual cash before supplier drafts hit.
Does your team run regular uncleared balance checks, or do you mostly trust the bank app number?