Processing an HMRC Cheque in Navigator

If you've received a cheque from HMRC and need to process it in Navigator, follow these steps:

1. Access the Cashbook Payment Module
   Navigate to Accounts > Cashbook and select Cashbook Payment.

2. Record the Payment

   • In the Cashbook Payment screen, you'll need to debit the bank to reflect the cheque as a negative value (i.e., money coming into the bank).

3. Code to the Appropriate Nominal Account
   The next step is to assign the opposite entry (credit) to the correct nominal account. This will depend on the reason for the HMRC refund. For example:

   • If the refund relates to an overstatement in a specific area, such as taxes or expenses, ensure the credit is applied to the corresponding nominal account associated with that category.

Ensure the details entered are accurate, and always double-check the coding to reflect the correct accounts.