Mariano has another new post up on calculating the number of days it takes a check to clear. Just one clarification, even if you don't reconcile the bank statement daily, you can set the cleared date for each transaction by clicking the blue arrow next to Payment or Deposit in Bank Reconciliation. It's definitely not efficient but it does work if you really want to track the exact date that transactions cleared the bank and you don't want to reconcile daily. I've yet to meet anyone who want the information that badly.
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