What is a Maker-Checker Functionality?

Objective of this feature:

The Maker and Checker functionality in accounting is a control mechanism to enhance accuracy, prevent errors, and maintain the integrity of financial data. This two-step verification process involves two individuals or roles: the "Maker" and the "Checker." The objective of this system is to ensure that financial transactions and accounting entries are accurately recorded and that errors or fraud are minimized.

Here's how it works and what it aims to achieve:

1. How to enable the “Maker Checker functionality”?

Login to ADDA Admin >> Configure ADDA >> Accounting >> Maker Checker >> Enable Maker Checker and Save.

How do we assign makers and checkers?

Login to ADDA Admin >> Configure ADDA >> Accounting >> Maker Checker >> Switch the radio buttons against the names admins >> Move to radio buttons under “Maker” for the makers and move the radio buttons under “Checker” for the checkers >> scroll down and save.

Please Note - These settings can be done only by the moderator of the ADDA.

• Related Articles

• How does the "Makers-Checker" feature work?

  Maker: The maker is responsible for initiating a transaction or performing a task, such as entering data into a system, preparing a financial document, or executing a financial transaction. The maker is typically the person directly involved in the ...

• How to Enable and Use Check-In/Check-Out Bookings for Guest Rooms in ADDA?

  1. Does ADDA support hotel-style check-in and check-out bookings for guest rooms? Yes, ADDA offers a hotel-style check-in and check-out booking feature specifically for guest rooms. This feature is available for facilities using "By Date" type ...

• How can admins check the quote submitted by the vendor/supplier?

  Follow the steps below for How can admins check the quote submitted by the supplier on ADDA: >>Step 1: Admins will get email notifications whenever any vendor submits a quote. They can also check the quote submitted by the vendors from the admin ...

• How to approve Purchase Order?

  Follow the steps below to approve Purchase Order on ADDA: Step 1: From the admin portal, navigate to Expense Tracker >> Purchase Workflow >> UnApproved PO Step 2: Click on "View" against the PO Step 3: In the PO tab that is opened, at the bottom, ...

• How can residents acknowledge the terms and conditions when booking a facility?

  To acknowledge the Terms and Conditions when booking a facility: Step 1: Log in to the KF Connect app. Click "More" at the bottom right corner of the screen. Step 2: Select "Facilities" from the menu. Click on the facility you want to book. Choose ...