How to handle cheque bounce situation on ADDA?

How to handle cheque bounce situation on ADDA?


Once the deposited cheque got bounced, there are 2 ways on handling this situation:


A. Reverse the Receipt Entry:

Log in to ADDA -->> Income Tracker -->> Member Income -->> Click on "view" against the required unit and select the receipt entry posted against the cheque deposited -->> Click on "Actions", and then click on "Reverse" -->> Mention the reason to reverse and click on "Reverse Transaction".


B. Post cheque bouncing charges as an ad-hoc invoice:


Step 1: Log in to ADDA -->> Income Tracker -->> Member Income -->> Click on the Invoice tab of a particular flat to whom an Ad-hoc invoice has to be raised.


Step 2: Enter the amount in a Fine/ due box & Select the Income head as Cheque Bounce charges, Comment -->> Date -->> Click on Post Amount.


Note: If you don't find a cheque bounce Charges head, please add it under General Ledger -->> Chart Of Accounts -->> Income.




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