How to account Fixed Deposit?
We can enter the fixed deposit into the system.
Step 1: create a GL for fixed deposit in general ledger charts of account.
Fixed deposit GL needs to create under Assets in charts of account.
Step 2: Pass a journal entry for entering the fixed deposit:
1. Go to general ledger -->>Journal Entry -->>Create Journal Entry
2. Enter Journal Date-->> in Sr. 1 Select Fixed deposit and enter the fixed deposit amount in the debit column, in Sr. no. 2 Entry the Bank account from which FD has created and enter the same amount in the credit column.
How to record a Fixed deposit?
Log in to ADDA -->> Admin -->> Bank & Cash >> Fixed Deposits >> You can add your all activated fixed deposit and this can be used to prepare the Fixed deposit module at the time finalisation of accounts. Since many factors are available in this ...
How to edit Fixed Deposit?
To Edit the Fixed Deposit entry posted, kindly follow the below steps: Step 1: Go to Bank and cash>>Fixed Deposit>>Active Fixed Deposits>>Click on edit against the Fixed deposit. Step 2: Edit the required details>>Click on save.
How Can I get the Fixed deposit module from ADDA itself?
Please follow the steps below to get the Fixed deposit module from ADDA itself : Log in to Admin Dashboard>> Bank & Cash >> Fixed Deposits >> You can add your all activate fixed deposit and this can be used to prepare the Fixed deposit module at the ...
How to get the deposit slip report?
Deposit slip report can be used while depositing the cheque into the bank, an accountant can take print of the deposit slip that payment/ collection entered for the day. can attach this along with pay in a slip in the bank. Step 1: Login to ADDA -->> ...
How to record a Capital Expenditure or Capitalized Fixed Assets?
Recording a Capital Expenditure or Capitalizing Fixed Asset have 5 major steps. Step 1: Creating Asset Account A. Go to Admin -->> General Ledger -->> Chart of Accounts B. Click on Assets Tab C. Create assets accounts as mentioned at this link Note: ...