How to create bank account in ADDA to capture the entries?
To create the bank account in ADDA, kindly follow the below steps:
Step 1: Go to General ledger>>Chart of accounts>>Assets.
Step 2:Under Set up Bank & Petty Cash Details enter all the details i.e Group, GL account number, and Account name>>Click on create new.
The same bank details will reflect under Bank and Cash Set up and also while posting the entries.
What is bank reconciliation ?
Income entries are being captured in Income Tracker and cheque / cash gets deposited in Bank Account. Expenses are being captured in Expense Tracker and cheques are written to withdraw money. How do you ensure that all the entries are correct and ...
How to create ledger account?
Step 1: Go to Admin -->> General Ledger -->> Chart of Accounts Step 2: Select the respective option from Asset/Liabilities/Income/Expense for type of ledger account you want to create. Step 3: Select the Group from "Group" list box. Step 4: Enter ...
How Can I Account Fixed Deposits on ADDA
Please follow the steps below to account Fixed Deposits on ADDA: 1)Login to Admin Dashboard>>Bank & Cash>>Fixed Deposits>>Create FD. 2) Once you click on Create FD,in the new pop-up window, choose existing Asset Account as well as the FD ...
How to capture real-time incidents on ADDA with photos?
The securities can easily capture real-time incidents from their ADDA Gatekeeper app. Please assist the securities to follow the below steps: In Gatekeeper app>> On the visitor page click on report>> Add new incident>>Select the incident type>>If ...
What do you mean by bank reconciliation statement and why do we create it?
A bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement. The goal of this process is to ascertain the differences between the two, and to ...