Batching Receivables

by Tana

Hi there, I have a question regarding the dates you should enter if you are batching entries. We are a charitable organization that takes in donations in a variety of payment methods and batch by payment type. currently when we date the entry we date them differently:

- donations in cheque form - we date by date of deposit in the bank
- donations in credit card form - we date by the day we called them in
- receiving a cheque from a funder - we date the date we received the cheque in the mail

I am just wondering if the rule of thumb is to be consistent and in this case keep them all the day they were processed/deposited or not

Thanks so much!

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