Multiple instrument and Mode of Transaction details in single voucher
Record and monitor multiple transactions in a single voucher using the new Banking feature. While the old system only captured the dates of transactions, this feature allows you to monitor transactions by Amount, Date, Instrument Number or mode (like NEFT, Cheque, DD, etc.), for a more complete picture. The ability to identify payment modes in the system and separate dates for each instrument eases bank reconciliation.
Reconciliation can be done for each instrument rather than the entire voucher. The instrument details (number, date, etc.) are displayed for easier reconciliation.
In case of unseen items such as Bank charges, interest paid etc., these can be captured in a new voucher without discarding the BRS (Bank Reconciliation Statement) in progress. Further, existing vouchers can be altered in case of any discrepancy found during reconciliation.
The new Banking feature allows you to manually record or automatically carry forward the un-reconciled bank transactions from the current year to the subsequent year (as Opening BRS). These can then be reconciled in the subsequent year.
Cheque printing configuration with Preview
Utilise the enhanced cheque printing configuration with print preview to reduce wastage. This has further been simplified to copy measurements from previous configurations.
Multiple cheque printing/capture
A separate “Cheque Printing” report (in the Banking section) has been introduced to let you print multiple cheque easily. This feature also lets you know if a cheque has been printed or not by a simple Yes or No against each cheque.
Since it is sometimes not possible to know which Amount/Favouring Name is going to be printed on which cheque leaf, cheque details can also be recorded after printing.
Payment advice printing
A system-generated payment advice (covering letter for payments) can be printed for a single or multiple vouchers.
Deposit slips printing
Deposit slips can be printed for a single cheque or multiple cheques, further simplifying Banking transactions.
- Saves time
- Reduces errors
- Simplifies banking
- Improves productivity
- Improves traceability