How to record a Fixed deposit?

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 module.


Step 1: Click on Create FD.

Step 2 - Edit and update further details of Fixed deposit.
    • Related Articles

    • How to pass accounting entry for FD Matured and Credited to Bank?

      Pass the following journal entry at the time of Fixed Deposit Matured and Credited to Bank. Dr.Bank A/c XXX Dr.TDS Receivable XXX Cr.Interest Received on FD XXX Cr.Fixed Deposit Account XXX
    • How to pass accounting entry for FD Investment?

      Follow the steps below to meet your requirement : Step 1 - Create a GL for Fixed Deposit Under General Ledger>>Chart of Accounts >>Assets>>Asset Accounts Step 2 - Pass the following Journal Entry Account Dr Fixed Deposit A/c XXX Cr Bank A/c XXX
    • How to edit Fixed Deposit Entry?

      To Edit the Fixed Deposit entry posted, kindly follow the below steps: Step 1: Log in to ADDA -->> Admin -->> Bank and Cash -->> Fixed Deposit -->> Active Fixed Deposits -->> Click on edit against the Fixed Deposit. Step 2: Edit the required details ...
    • How do I refund a refundable deposit entry in ADDA?

      To process a refundable deposit refund in ADDA, please follow these steps: Step 1: Log in to ADDA Step 2: Go to Income Tracker > Member Income > Subledger. Step 3: Locate the unit for which the refund is to be processed and click ‘View’. Step 4: ...
    • 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 ...