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re: What’s the least amount a check would have to be for you not to even cash it?

Posted on 12/18/18 at 3:47 pm to
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/18/18 at 3:47 pm to
so you're going to wait until you "need" $36 before you cash it?

How often do you "need" $36?
Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 3:47 pm to
quote:

The entire thread posited by the OP was asking what amount would have to be on a check for you to not bother depositing it AT ALL. Pretty sure that was self explanatory.


And I answered with what I did.



Posted by Chief Hinge
There and Here
Member since Sep 2018
2965 posts
Posted on 12/18/18 at 3:49 pm to
Maybe you're overthinking this just a bit?
Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 3:50 pm to
No, dummy. I'll cash it whenever I"m not dealing with a sick mother and I can get home.
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 12/18/18 at 3:50 pm to
as long as they are paying more to mail it tome then the check amount is for, i consider it to be insulting to them, after all the trouble they went to to refund it to me, if i dont cash it
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
26936 posts
Posted on 12/18/18 at 3:50 pm to
So if someone asked you a true or false question, apparently “maybe” would be an acceptable answer.

It’s kind of an answer, but not really.
Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 3:51 pm to
quote:

You just clearly didn’t understand the question that was asked.


You're clearly bored.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/18/18 at 3:51 pm to
quote:

I don't need to do that. All I need to do is let you keep posting stupid shite, and you do that for me.

Watch...

Explain what happens when people don't cash those checks.


This simple link will help you

LINK
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/18/18 at 3:51 pm to
quote:

No, dummy. I'll cash it whenever I"m not dealing with a sick mother and I can get home.



you said you didnt need it
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
26936 posts
Posted on 12/18/18 at 3:51 pm to
quote:

You're clearly bored.


100% correct.
Posted by SM6
Georgia
Member since Jul 2008
8804 posts
Posted on 12/18/18 at 3:52 pm to
I got a $1.33 check from Comcast after I ended my service. You better believe I deposited that (via mobile app of course).
Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 3:52 pm to
quote:

So if someone asked you a true or false question, apparently “maybe” would be an acceptable answer. It’s kind of an answer, but not really.


I'm a woman and indecisive, so it's highly likely.
Posted by DisplacedBuckeye
Member since Dec 2013
73532 posts
Posted on 12/18/18 at 3:52 pm to
quote:

This simple link will help you

LINK


I fricking told you, Centinel.

Anyways...

quote:

PatriotSoftware
quote:

Page Not Found


at you two times.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
26936 posts
Posted on 12/18/18 at 3:53 pm to
quote:

I'm a woman and indecisive, so it's highly likely.


Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
72685 posts
Posted on 12/18/18 at 3:54 pm to
quote:

tgrbaitn08


Quit being such a fricking dick.

On topic...I found a dividend check from April... in a stack of stuff...

Posted by Centinel
Idaho
Member since Sep 2016
43480 posts
Posted on 12/18/18 at 3:56 pm to
quote:

How you been, buddy?


Going through our annual audit for ISO 27001 and screwing around with the SANS Holiday Hack Challenge when I get time.

The facilities director is currently pissed at me because I found all kinds of vulnerabilities in the camera system he wants to use. Totally ruined his project plans.

Posted by Neauxla_Tiger
Member since Feb 2015
1890 posts
Posted on 12/18/18 at 3:56 pm to
quote:

DisplacedBuckeye


I think you're confusing the difference between an individual writing a personal check and a company writing a check out of their operating account.

When companies write checks, they have to balance their books and reflect that money going out to meet their industry regulations and make sure everything checks out if they are ever audited. If the customer/whoever doesn't cash the check, the company doesn't just get to keep the money. They just have it reflected as an outstanding, uncashed check. If anything, not cashing it is a pain in the arse for their accounting department because they have a pending transaction that won't go away. A lot of times too the dumbass that didn't cash his check calls them later on to say he lost it and they need a new one issued...this costs them by having to pay fees to have the bank issue stop payment on that check, they have to cut and mail a new one, etc. Basically, once they cut it, they reflect it as already gone, whether you do anything with it or not.

If you write a personal check and it's not cashed, then yeah sure, it didn't "cost" you.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/18/18 at 3:57 pm to
I'll just tell you then.

In accrual accounting an expense is accounted for when it is incured, not when it is paid, therefore when you know you will have to pay that amount (via check or cash) it is accounted for. If that check isn't cashed when you close the books it will be adjusted on the bank reconciliation and then the Statement of Cashflows. The general ledger will not change as it has already been recorded there. Balance sheet does not change
This post was edited on 12/18/18 at 3:58 pm
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
72685 posts
Posted on 12/18/18 at 3:57 pm to
quote:

How often do you "need" $36?



Whenever I go buy 3 bottles of good wine...
Posted by DisplacedBuckeye
Member since Dec 2013
73532 posts
Posted on 12/18/18 at 3:57 pm to
quote:

audit


frick. That.

quote:

The facilities director is currently pissed at me because I found all kinds of vulnerabilities in the camera system he wants to use. Totally ruined his project plans.



So you did him a solid and he's pissed because he can't implement a shite system that will get owned immediately? Sounds about right.
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