For the economic organization of a company, it is vitally important to record each of the transactions that are carried out. In this way, managers are able to evaluate the capabilities of the company, in addition to designing strategies for saving or investing money well. For this, the accounting documents were created, the basis for storing the commercial movements of a company; These should have as many copies as required by company policies, in addition to the original document. They can be of two types: external, that is, those received by the company, and internal, those issued and circulating through it. Among these, we can mention some documents such as the invoice, the quotation, the referral and the consignments.
The check is one of the most used today. In this, a banking institution is ordered to pay a certain person an amount of money established in the document. In other words, the drawer authorizes the drawee to grant an amount of money to a third party, normally called a beneficiary. To be fully valid, the checking account from which the withdrawal of money will be made must have enough funds to cover the amount to be paid. For the collection a limit of at least 180 days has been proposed.
There are different types of checks, such as: the crossed, which establishes, the bearer must collect with the mediation of a bank; for account payment, which requires the money to be deposited directly into the bearer's account, that is, it cannot be delivered in cash; the certified check, which has the confirmation, by a bank, that the drawer has the amount of money necessary to pay the amount; the cancellation, one that, due to having very high amounts of money, cannot be collected in cash; the deferred payment check, in which the banking institution is ordered to deposit, at its command, a certain amount of money on a certain date; in addition, there is the traveler's check, issued by the credit institution to the same, whose payment would be in charge of another branch.
