Creating a Receivable Cheque

How to create a Receivable Cheque

  1. Select “Cheque Cycle” from the main menu.
  2. Choose “Receivable Cheques”.
  3. Click the button “Receive Cheque”.
  4. Enter cheque details:
    • Amount: Enter the received monetary amount.
    • Description: Write the desired description to appear on the received cheque.
    • Issue Date: Select the issuance date of the cheque.
    • Due Date: Select the cheque’s due date.
    • Bank Name: Choose the bank’s name from the drop-down menu.
    • Cheque Number: Specify the received cheque number.
    • Received From Account: Choose the recipient account from the chart of accounts in the drop-down menu.
    • Name on Cheque: Write the name you want to appear on the cheque.
    • Collect Account: Choose the account where you’d like to collect the cheque from, from the chart of acconts in the drop-down menu.
    • Endorse: Activate this option if you want to transfer ownership of the cheque to someone other than the recipient.
      • Name: Enter the name of the person it’s endorsed to, i.e., the person who has the right to cash the cheque.
    • Attachment: Choose the file from your device that you want to upload as an attachment.
  5. Click the “Receive” button.