Checks and Promissory Notes Given to Banks

"Cheques Given to Banks - Bills Under the " menu, you can record outgoing check and bill transactions given to banks.

You can start entering transactions by clicking the "New" button.

Types of Checks and Bills Given to Banks

First, you need to select the outgoing payroll type.

The following "Outgoing Payroll Types" are standard in the system:

CQC - Cheque for Collection. See: Cheque for Collection
CQG - Issuing Checks as Collateral. See: Issuing Checks as Collateral
PNC - Providing Notes for Collection. See: Providing Notes for Collection
PNG - Providing Bond as Collateral. See: Providing Bond as Collateral

Interest Rate and Type Information

Under the "Detail" tab of the "Check - Promissory Note Given to Bank Information" screen, you can specify an interest rate valid for the voucher by typing the [ % ] rate and select the interest type as "Monthly" or "Yearly".

Checks and Promissory Notes Given to Banks Workflow

In Minerva, you can assign specific actions to a check bill issued to a bank document.

Any action that needs to be taken is determined under the "Workflow" tab of the check issued to the bank document.

You can create actions in Business Object Action Sets .

For example, if you want to inform your manager about the transaction, you can create an action as "Send Email" and assign it to the document.

Editing or Deleting a Check or Promissory Note Given to a Bank Document

To edit or delete a check-bill given in the bank records, you must first press the "Make Unrecorded" button.

Viewing Check - Promissory Note Accounting Receipt Given to Bank Document

After completing the above records and clicking the " Create Journal " button, you can click the " Accounting Voucher " button on the " Check - Note Given to Bank Information " screen.

For subsequent operations - such as creating journal vouchers, etc. - see: Accounting Vouchers .

Checks and Promissory Notes Given to Banks