Banking Module
The Banking module allows you to create a bank account or credit card account.
You can make deposits, withdraw amount from bank or transfer your funds from one bank to another. You can also write checks,
upload check image and print checks in an efficient way. You can reconcile the bank account using reconcile option in this
module and adjust the balance. You can use journal entry option if you need to transfer money between income and transfer
account or to transfer money from an asset, liability or equity account to an income or expense account.The Banking module
contains the following:
Create new account:
This option allows you to create a new bank account or credit card account with or without opening balance.
Make Deposit:
This option allows you to record the deposit transaction that you had made with your bank.You can deposit the money from any account having a balance.
Withdraw amount:
This option allows you to record the withdraw transaction.
Transfer Funds:
This option allows you to record the transfer of funds from one bank account to another or from one account to another of the same bank.
Checks:
Using this option you can write checks,upload check image and print the checks in an efficient way.You have the option to save the checks and print it later.
Reconcile Bank or Credit card account:
You can reconcile the bank account or credit card account using reconcile option and adjust the balance.You have the option to adjust the balance amount if there is a difference.
Journal Entry:
You can use journal entry option if you need to transfer money between income and transfer account or to transfer money from an asset,liability or equity account to an income or expense account.
Banking Registers:
Banking registers helps you to maintain your banking records or transactions. Editing, deleting, printing the reports can also be done. You can easily customize the reports and export to excel spreadsheet.
