$$ Invoices - Cheques $$

The entire week seems to had passed within hours. Site visit/ coordination of work/ call facilitator seems to not stop this week. Tasks are linked and happens one after another. The only day i appreciate is TODAY!!! I also learnt how to issue cheques today.

As contractors finished their job at the site, we (the paymaster) will have to pay for their work done. (Of course....)

I would like to thank Ms Lily for supervising me when i am writing cheques today. I may had made a few mistake if she is not there. (Thanks Ms Lily!!!!!)

In the past, when i see someone issue cheques it always seem so effortless and simple. On the other hand for first timer like me, we had to make sure we issue the cheque to the correct payee. The following are some pointers that i feel is quite important when issuing cheques;

*Sample cheque

1) Look for a statement on invoices (most of the time is at the bottom of the invoice), e.g. Crossed cheque is to be made payable to 'ABC Pte Ltd'. This will be the name that you will have to fill into the "Pay" column on the cheque.

2) Crossed the bank icon and bearer (Alternatively a chop "A/C Payee Only" will do too). This is to ensure only the account payee can receive this payment and prevent transaction errors.

3) XX or /- after the amount. E.g. $8,630.19 XX or $8,630.19 /-. This is to prevent any alteration to the figure by anyone that is handling the cheque. (This is also applicable for the alphabetical for the amount)

4) After the cheque is signed, any alteration to the cheque will require a counter-sign to verify the change by the owner.

Hope this will serve as a useful tips for you and serve as a reminder for myself. :D