Overview of PDC (Payment) in Marg Software

Process Of PDC (Payment) In Marg Software

Process To Clear PDC In Marg Software

Process Of PDC Reconciliation In Marg Software

OVERVIEW OF PDC (PAYMENT) IN MARG SOFTWARE

• In Marg Software PDC is short for post-dated cheque, which is given by an issuer to a recipient as form of payment ahead of time.

• Post Dated Cheque is similar to Advance cheque but there is a bit different like in PDC there is a post date or some amount is mentioned but Advance Cheque is totally blank.

PROCESS OF PDC (PAYMENT) IN MARG SOFTWARE

• Go to Accounts > P.D.C Cheques Payment.

• A 'Select Bank/Cash' window will appear.

• The user will now select the Bank name as per the requirement.

• Suppose select 'Bank Of Baroda'.

• A ‘Ledgers’ window will appear.

• The user needs to select the party name for which PDC Payment needs to be create.

• Suppose select ‘Production Department’.

• In 'Cheque No.', the user will enter ‘PDC/DD No.’.

• Suppose mention '142597'.

• In ‘Dated’, the user will enter the PDC Date.

• Suppose mention '01-04-2021'.

• In 'Amount', the user will mention the PDC amount.

• Suppose mention '100'.

• In 'Bill No. & Remark' field the user will mention the Bill No and any remark if any needs to mention.

• Suppose mention 'PDC Payment'.

• Now the user will press 'End' key to save the entry.

• Click on 'Yes' to save the changes.

PROCESS TO CLEAR PDC IN MARG SOFTWARE

• Go to Accounts > Bank-pay-In-Slip > Cheque Clearance.

• A 'Select' window will appear.

• The user will select the Bank Ledger whose Cheque needs to be Clear.

• Suppose select 'Bank of Baroda'.

• A 'Cheque Clearance' window will appear.

• In 'Cheques Upto', the user will mention the date upto which the cheque needs to be clear.

• Suppose mention '31-03-2022'.

• The user can view the Cheque Details.

• Press plus '+' key on particular cheque entry in order to clear the Cheque.

• Suppose press plus '+' key on Cheque No. '142597'.

• In 'Date' the user will mention the Date on which cheque has been cleared and press 'Enter' key.

• Suppose mention '31-03-2022'.

• Now the user can view the PDC will get cleared.

PROCESS OF PDC RECONCILIATION IN MARG SOFTWARE

• Go to Books > Bank Reconciliation.

• A 'Bank Interest Reconciliation' window will appear.

• The user will select  the Ledger for which reconciliation needs to do.

• Suppose select 'Bank of Baroda'.

• In 'Bank Reconciliation Date', the user will mention the Date till which date Reconciliation needs to be done.

• Click on 'Uncleared'.

• Now the user will mention the Date Range as per the requirement.

• Suppose mention '01-04-2021' and '31-03-2022'.

• A 'Bank Reconciliation' window will appear.

• The user will press 'Enter' key on particular PDC entry to mention clear Date.

• Suppose select cheque No. '142597'.

• The user will mention the Date as per the requirement and press 'Enter' key.

• Suppose mention '31-03-2022'.

• Now the user will press 'ESC' key to exit from the window.