"Insurance checks at a body shop: reconcile payees, received money, and available funds" "Source","https://bluefinchadvisors.com/blog/body-shop-insurance-checks-payees-available-funds" "Basis","This planning scenario uses the values entered. It is not an industry benchmark or a quote." "Inputs","Value","Unit" "Final invoice total","14500","currency" "Identified initial check received","9000","currency" "Identified supplemental check received","2500","currency" "Customer receipts already available","1000","currency" "Funds available from these checks","6500","currency" "Results","Value","Unit" "Invoice amount not yet received","2000","currency" "Received check funds unavailable","5000","currency" "Available from entered receipts","7500","currency" "Calculation detail","Value","Unit" "Identified checks received","11500","currency" "All identified receipts","12500","currency" "Invoice less available receipts","7000","currency" "Assumptions" "All defaults are illustrative. The checks are uniquely identified and allocated to this invoice." "Received checks can include items awaiting deposit; they do not all become available cash." "The customer receipt input is assumed available. The tool does not prove check validity or final settlement." "Result notes" "Available check funds above the entered check total indicate inconsistent inputs." "Verify payees, deposit acceptance, bank holds, unusual overpayments, and vehicle-release requirements separately." "Sources" "Progressive: Car repair estimate and payment questions","https://www.progressive.com/claims/faq/repair-estimates/" "OCC: Availability of deposited check funds","https://www.helpwithmybank.gov/help-topics/bank-accounts/funds-availability/funds-availability-check.html" "FTC: How to spot, avoid, and report fake check scams","https://consumer.ftc.gov/articles/how-spot-avoid-report-fake-check-scams" "California BAR: Write It Right","https://www.bar.ca.gov/wir" "Visa: U.S. merchant surcharge questions and answers","https://usa.visa.com/dam/VCOM/global/support-legal/documents/merchant-surcharging-qa-for-web.pdf"