The printout lists each outstanding check in check number order and will include the date the check was issued, the amount of the check, and the payee. Furthermore, checks that are never cashed may constitute “unclaimed property” that is turned over to the state. Once such checks are finally deposited, they can cause accounting problems.
If an outstanding check is cashed after you asked a bank to stop the payment, you will be responsible for proving that you took the necessary steps to complete the payment.
