Overview of Advance Cheque for Suppliers in Marg ERP Software

Process of Advance Cheque for Suppliers in Marg ERP Software

Overview of Advance Cheque for Suppliers in Marg ERP Software

• Advance Cheque is a cheque signed without the entry of Date and Amount that the user can use against any future bill and clear the outstanding payment.
• Advance cheques are either received from the customer or are given to the suppliers.
• Marg ERP Software enables the user to receive and also pay advance cheques.

Process of Advance Cheque for Suppliers in Marg ERP Software

• Firstly, go to Accounts > Cheque Dishonored/Advances > Advance Cheques-Suppliers.

• The user will select the bank from which Advance cheque needs to be issued.
• Suppose select 'Bank of Baroda' and press 'Enter' key.

• The user will select the ledger of the supplier.
• Suppose select ‘Ranbaxy India Ltd.’ and press 'Enter' key.

• The user can view that the details of the suppliers will get displayed.

• The user will select whether to create a New cheque or delete the existing cheque or Print this entry as New/Delete/Print respectively.
• Suppose select ‘New’.

• Now, in ‘Chq/DD’ option, the user will enter the advance cheque number in Bulk.
• Suppose enter '200001-200010'.

• Then, the user will select whether to print the Cheque or not.
• Suppose select ‘Don't Print’ and press 'Enter' key.

• The user can view that all cheque numbers will get displayed.

After following the above steps, the user can view that Advance Cheque of Suppliers Entry will get created and will ask in Purchase Bill in Marg ERP Software.