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Bank Master Settings

Creating a Bank Master in ACTouch ERP is important as this master data helps in

  1. Tracking of Bank records for the Payments and Receipts.
  2. Payment and Receipt through Cheques
  3. Cross check against the Actual Payments that happens in Bank – Bank reconciliations.

Bank Master ID – A unique record to identify a Bank.

GL Code – Connect the transactions back to the GL Account heads.

You can enter the remaining data, but they are NOT mandatory.

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