Monitor Check Register for Stale-Dated Checks
These steps explain how to generate a report that will help you monitor the check register for stale-dated checks to ensure the credit union is not escheating unnecessary funds.
-
Launch Tool #636 Print Check Disbursement Register.
-
On the Check Register Selection screen, enter the desired criteria.
-
Enter the printer to which you'd like the report to generate.
-
Click the forward arrow to generate the report.
-
Review the register for any stale-dated items.
-
Verify stale dates of each item with your accounting or bookkeeping department.
AuditLink Recommendations
-
Select Detail in the Type field.
-
Enter the current month in the Month/year to process field.
-
Use the lookup button to select banks under the Banks heading.
-
Check the Outstanding Checks box under the Check Statuses heading.
-
For the dates under the Selection Criteria heading, go all the way back to the conversion date or four years prior.