The practice where a cheque is paid into a bank account of an entity in a group of companibefore balance date but recorded by the payer as a disbursement that occurred after balance date is known as:

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This practice is commonly known as kiting, which involves floating funds between accounts to give the appearance of having sufficient funds to cover transactions. It is an illegal practice and a form of check fraud. Lapping is a similar practice where a payment is recorded as received from one customer when it was actually received from another. Low-balling is a pricing strategy used to attract customers by advertising low prices but later adding additional fees or charges.

The Practice Where a Cheque Is Paid into a Bank