Bank Payments & Receipt
Last updated
Last updated
YouTube: Journal Entries, Cash/Bank Vouchers
Navigate to the Accounts and expand A/C Vouchers
Lastly, Select Bank Payments
Input the Relevant Header Information
Account Head
Amount
Narration (if needed)
When entering payment/receipt, a list of pending bills appears.
Select the bill you want to adjust.
After adjusting the voucher, proceed to save it to ensure the ledger is updated accordingly.
Navigate to the Accounts and expand A/C Vouchers
Lastly, Select Bank Receipt
Note: If the customer makes a payment through a cheque, use the Bank Receipts voucher.
Input the Relevant Information:
Cheque details
Date
Bank account
After adjusting the voucher and entering all necessary details, save it to ensure the ledger is accurately updated.
To verify the entries:
Navigate to the Reports/Queries section.
Expand the Financial Reports menu.
Select Ledger from the list.
Choose the desired account (e.g., Vendor, Customer, or Bank).
Click Generate to view the ledger report.
The ledger will display the journal entry along with its impact on account balances.
