The module for provides comprehensive handling of cheque-related operations within the Accounting workflow. It includes capabilities for cheque registration, status tracking, validation, and inter-branch management, while also offering insights into cash flow and forecasting. This ensures businesses can manage cheque transactions accurately and efficiently across multiple locations.
Full cheque lifecycle handling: registering, issuing, endorsing, transferring, and returning cheques.
Advanced status tracking for each cheque, including bounced or deposited states.
Multi-branch support with branch hierarchy and inter-branch transfer capabilities.
Automated notifications and reminders for critical cheque events.
Supports multiple currencies and hierarchical cheque categorization.
Document attachments linked to cheque records.
Integrated cash flow analysis with forecasting and dashboards.
Custom report generation, flexible filters, and Excel export.
Robust payment processing for various methods alongside cheque workflows.
Workflow-driven access control and user permissions per branch for secure management.
Enhances control over cheque transactions throughout their full lifecycle.
Improves transparency and reduces errors with status tracking and notifications.
Enables efficient inter-branch operations and cash flow visibility across locations.
Facilitates better financial forecasting and strategic planning.
Streamlines reporting and audit readiness with customizable outputs.
Supports multiple currencies and structured cheque classification for flexibility.
Reduces manual workload via automation and centralized management.
Strengthens internal security with branch-level access controls and governance.
Enhances financial accuracy and reduces reconciliation discrepancies.
Empowers decision-makers with clear insights into cheque-based cash flows.
Cheque Management in Accounts
Cheque management will help the life cycle for the cheque in company, which will help you to track the cheques received and given to suppliers and so on... , with this module you can track the cheques are cleared or bounced or not paid, in this module we have complete workflow to handle the cheques.
This module will provide with below features
- Incoming cheques
- Outgoing cheques
- Track the dates when the cheque is cleared
- Track if the cheque is bounced and send back
- Cheques returned once bounced
- Track cheque deposited to bank
- You can attached the cheque copies
In invoicing Cheque Management menu can be visible with incoming and outgoing cheques.
Will have one flow of cheque management, create incoming cheque by entering all necessary data and the status would be in Draft.
Warning message to avoid duplication of cheque number.
Once cheque is registered there would be four buttons visible for further steps, now will check with Cashed flow once clicked it will open wizard to register the entries
Will have Bounced cheque flow once bounced it will post entries.
Once cheque is returned journal entries get canceled for that you need allow to cancel journal entries
Once cheque is deposited can be tracked in system.
It can be cancelled
Attachment can be made within the form like cheque copies, deposit slips etc..
