Overview to Dishonored cheque in Marg Software

Process to Enter Dishonored cheque in Marg Software

Process to View Dishonored cheque Report in Marg Software

OVERVIEW TO DISHONORED CHEQUE IN MARG SOFTWARE

• A dishonored cheque is a cheque that has been submitted to a banking institution for payment and has been returned to the depositor due to insufficient funds.
• With the help of Marg Software user can easily maintain the dishonored cheque along with its bank charges and 'How the bank charges is to be collected by the party?' i.e. in next bill or to be treated as outstanding.

PROCESS TO ENTER DISHONORED CHEQUE IN MARG SOFTWARE

• Go to Accounts > Cheque Dishonored/Advances > Cheque Dishonored.

• A 'Cheque Return Entry' window will appear.

• In 'Cheque/DD No', enter the cheque number.

• In 'Dated', enter the date on which the cheque has been dishonored.

• In 'Bank Charges', enter the bank charges for the dishonored cheque.

• In 'Party Charges', enter the amount that needs to be charged from the party who has given the cheque. Suppose enter Rs 100.

• In 'Add In', select either the dishonored charges that need to be charged in the next bill of the party or to be maintained as outstanding in the party's ledger. 

• After selecting 'Next Bill' in the dropdown software will ask for the charges in the next sale bill of the selected party.

• The software will Charge Bank Charge in next Bill. The user will select 'Yes'.

• The details of the entered cheque will be loaded into the voucher.

• Now press 'Tab' key to save the voucher.

• A 'Save changes' window will appear.

• The user will select 'Yes' to save the changes.

A window will appear where the user will select the option as per the requirement.

a. Not Required: This option is used if the user doesn't need to make any other entry of this cheque.

b. Cheque Represent: This option is used if the party needs the same cheque to be submitted to the bank.

c. Save in P.D.C: This option allows the user to save the dishonored cheque as a post-dated cheque.

Suppose select 'Not Required'.

PROCESS TO VIEW DISHONORED CHEQUE REPORT IN MARG SOFTWARE

• Go to Accounts> Cheque Dishonored/Advances Report.

• A 'Cheque Dishonored/Bounced Report' window will appear.

• Then enter the required details .

• Click on 'Report' option.

• Now click on 'View'.

• A 'Select' window will appear.

• The user will select the parties as per the requirement.

Note: To select the single party press the Spacebar or (+) key on it or to select multiple companies press Asterisk (*) key.

• A 'Select Bank' window will appear where the user will select the bank ledger. Press 'Enter' key.

Note: The user will Press 'Spacebar' or Plus '+' key to select a particular bank or Press Asterisk '*' to select All banks. 

• The use can view cheque dishonored report will get displayed.

After following the above steps, the user can do Cheque Dishonored process in Marg Software.