Verify Expense/Receipt Payment
This is the verify expense/receipt payment page. Each payment that comes out of the bank should be verified (stamped and dated to match bank records). A check in the checkbox field means, I see the funds have been verified in the bank.

Special Note - Expense/Receipts have two ways of being verified. The two ways are the main (the expense/receipt as a whole) or the individual payments. This page or section is for the individual payments. Ideally if the main expense/receipt is verified, it will also verify the payments (cascade down from main to payments), however, it does not cascade up. This means that a payment may be verified (required to reconcile bank statements) but the main may not be fully verified yet. The one exception to this rule is if the payment gets verified first and it is exactly the same amount as the main. If this 1 to 1 ratio exists and everything else is in order, verifying a payment will verify the main as well. The best way to ensure that the entire expense/receipt gets verified is to always verify the main and let it cascade down.