How to manage bank Check management system using Odoo?

September 27, 2023 by
How to manage bank Check management system using Odoo?
Yankit Gayakvad

Do you want to manage Complete Cheque Life cycle Management With Odoo? Normally there is not any kind of features to manage the complete cycle of cheque management in Odoo ERP. Here is the app which helps to manage incoming cheque and outgoing cheque with a complete workflow such as submit cheque, register cheque, cashed cheque, deposit cheque, Bounce cheque, Return Cheque, Transfer cheque, reconcile cheque with payment. All status of cheque generates different journal entries for the configurable account from the settings. This Accounting app cover cheque deposit complete Cheque Management system in Odoo also allows to print option for both types of cheque(Incoming cheque and Outgoing cheque).

Feature


1) Register Incoming Cheque

      Easy to register incoming cheque on Odoo which comes from the customer, Once register it creates accounting entry.

2) Manage complete flow of cheque on Odoo

      All the process of cheque has been defined as status, i.e Register, Cashed, Deposit ,Bounce, Return etc.

3) Transfer cheque option.

      User can transfer cheque from one partner to another partner.

4) Reverse Stage possible.

      All stage can be revert until cheque status become done and once reverse process initiated, generated journal entry has been deleted from system , If reconciliation has been done that is also reverse.

5) Register outgoing Cheque.

      Easy to register outgoing cheque on Odoo which sent to vendor, Once register it creates accounting entry.

6) Different Status of incoming/outgoing cheque.

      Based on the process of the cheque cycle different stage will maintain(i.e Registered, Bounced, Returned)

7) Reconciliation option.

      We have provided Payment Matching option of generated journal entry for reconciliation.

8) Reports for Both incoming and outgoing cheque.

      User can print list of cheque details with date range and print list of cheque details.

Create Incoming Account Cheque.

Manager can create incoming account cheque in Odoo.

Click on submit button to register incoming cheque in Odoo.


Register Incoming Cheque.

Click on Cashed button to cashed incoming cheque in Odoo.

Here you can see created Invoices of Partner.

Bounce Incoming Cheque in Odoo.



Deposit Incoming Cheque in Odoo.

Click on Deposit button to deposit incoming cheque.



Click on to Returned button to return incoming cheque in Odoo.


Return Incoming Cheque in Odoo.

When you click on Set To Reset button, Generated journal entry has been deleted for incoming cheque.

Transferred Incoming Cheque in Odoo.

Click on Journal Items and Payment Matching Smart button to view created journal entry.

Reconcile Incoming Cheque in Odoo

You can reconcile Payment.

Create Outgoing Cheque.

Manager can create Outgoing cheque.

Click on submit button to register outgoing cheque in Odoo.

Cash Outgoing Cheque.

When you click on Cashed button new wizard will open. In this wizard select date and bank account in Odoo.

Bounce Outgoing Cheque in Odoo.

Click on to returned button to return incoming cheque.

Returned Outgoing Cheque in Odoo.

When you click on Set To Reset button, Generated journal entry has been deleted for outgoing cheque

Reconcile Outgoing Cheque.

You can reconcile Payment in Odoo.

Incoming/Outgoing Cheque Configuration.

Manager can set default credit/debit account for incoming and outgoing cheque in Odoo.



How to manage bank Check management system using Odoo?
Yankit Gayakvad September 27, 2023
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