Cheque Payment to non-business account

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  1. #1

    Cheque Payment to non-business account

    Hi all

    one if my customers has paid an invoice by cheque with my business as payee. I'm out of town and do not currently have the business bank account set up.

    any advice on whether it is possible to have this paid in another manner. EG cashing the cheque to my personal account, or any other option?

    Any legal or tax obstacles to the client re-writing cheque to me personally for example?

    thanks for your help


  2. #2

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    Personal Check - Not technically a legal / tax issue (it is... but you can fix your own reporting and account for it in your company accounts).