How to create bank account in ADDA to capture the entries?

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.

    • Related Articles

    • How to enable restrictions to prevent backdated entries in ADDA without closing the book of accounts?

      To enable restriction to prevent backdated entries in ADDA without closing the book of accounts kindly follow the below steps: Step 1 : The option is available for Moderator admin under Configure ADDA >> Accounting >> Prevent BackDated Entries tab. ...

    • 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?

      Creating Ledger Accounts: System will be having some accounts by default which will be used by most of the Apartments. And if required, more ledger accounts can be created for Assets/Liabilities/Expense/Income. Step 1: Login to ADDA >> Admin >> ...

    • How can we account the interest received from the Bank Account in ADDA?

      Please do follow the below steps to track interest received from the Bank Account: Step 1: Login to ADDA -->> Admin -->> General Ledger -->> Chart of Accounts -->> Income -->> Set up Non - Member Income Account -->> Create a new GL account called " ...

    • How can Admin add users to ADDA?

      Administrators can directly add users to ADDA when there is a new owner/tenant by following the steps below: Step 1: After logging in, go to Admin >> Units & Users>> ADD Users. Step 2: Fill all the information such as Name, Block, Flat No., Mobile ...