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Cheques and Paying-in slips

Twinfield
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Bank AccountsCheques

    Cheques and Paying-in slips

    Twinfield maintains a cleared bank balance within the general ledger code.  Bank items such as cheque payments to suppliers or customer deposits taken to the bank are recorded as unpresented bank items in specific suspense accounts until they clear the bank account.

    Before Cheques and paying in slips can be configured against a bank account, the following prerequisite codes are required to be available in the chart of accounts. With the following Dimensions link options set.

    Unpresented cheque payments
     

    Twinfield_cheques_and_paying-in_slips1.png



    Unpresented bank deposit receipts
     

    Twinfield_cheques_and_paying-in_slips2.png

    The following configuration must be setup in order to use the cheque book and paying slip functionality.

    Select the Cash & Bank icon module from the left hand side menu bar.
     

    Twinfield_cheques_and_paying-in_slips3.png

    Click on the Bank accounts icon. 
     

    Twinfield_cheques_and_paying-in_slips4.png

    Select the bank account from the list, over on the right hand side under 'Related' click on 'Cheques'.

    Twinfield_cheques_and_paying-in_slips5.png

     

    Twinfield_cheques_and_paying-in_slips5A.png

    Tick both options for Cheques book and Paying-in slip

    Twinfield_cheques_and_paying-in_slips6.png

    Cheques book

    General ledger account - This should be linked to the suspense account created in the chart of accounts
    Name / Short name - This becomes the name of the transaction type for this cheques book
    General ledger account - Enter the general ledger code for the relevant unpresented cheque payments suspense account for this bank account
    Word template for cheque production - this option is no longer used.
    Cheque number ranges - A range must be entered before transactions can be posted

    Paying-in slip

    Name - This becomes the name of the transaction type for this paying-in slip
    General ledger account - Enter the general ledger code for the relevant paying-in slip suspense account for this bank account

    Transactions Types will automatically be created and can be customised when a new Bank/Cash book is created. 

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