Unpresented cheques
An unpresented cheque has been recorded as a payment in the cash book but has not yet been processed by the bank. For example, if the bank statement shows 1,000 but a 100 cheque has already been entered in the cash book, the adjusted book balance may be 900. In reconciling from the bank statement, deduct the outstanding cheque, assuming no other differences.
Worked example
A cheque for 100 reduces the cash book balance before appearing on the bank statement.
Common mistake
It is a reconciliation timing item, not another payment to record in the cash book.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | F1 | Direct | July 2027–August 2028 |
| ACCA | FA | Direct | September 2026–June 2027 |
| ACCA | K1 | Direct | July 2027–August 2028 |
| CIMA | BA3 | Direct | Official assessment-window verification pending |
| FIA | FFA | Direct | September 2026–June 2027 |
Related terms
Also called: Outstanding cheques