If you receive many cheques each week from customers but only bank once a week then use the Undeposited Funds account in MYOB for this.
You can then print your own Bank Deposit Slips. This also saves you the cost of purchasing a Bank Deposit Book.
If you are a small business and do not receive many cheques, enter the cheques that you do receive into the Company Account. Remember to keep a note in MYOB regarding this transaction.
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