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Cheque Cheque Book

Cheque Book management in PrismERP helps businesses efficiently manage, track, and control all cheque-related activities. It ensures accurate record-keeping for issued and received cheques, reducing errors and improving financial transparency.

With PrismERP, organizations can record cheque details, track cheque status, and reconcile payments easily. The system allows for multiple bank accounts, helping finance teams manage various cheque books and maintain proper control over issued and deposited cheques.

Cheque Book management in PrismERP also integrates with Accounts Payable and Accounts Receivable, ensuring that all cheque transactions are automatically reflected in financial statements and reports. Notifications for pending or cleared cheques help prevent delays and improve cash flow monitoring.

Key Features of Cheque Book Management​

  • Cheque Tracking: Record and monitor issued, received, and cleared cheques.

  • Multi-Bank Support: Manage multiple bank accounts and cheque books simultaneously.

  • Integration with Accounting: Automatic updates in Accounts Payable and Receivable.

  • Status Notifications: Alerts for pending, cleared, or bounced cheques.

  • Audit Trail: Maintain a complete history of all cheque transactions for compliance.

  • Reporting & Reconciliation: Generate cheque reports and simplify bank reconciliation.

Benefits of Cheque Book Management​

  • Accurate Financial Records: Minimize errors in cheque handling and reconciliation.

  • Improved Cash Flow Monitoring: Track payments and receipts efficiently.

  • Time Savings: Automates recording and reporting of cheque transactions.

  • Enhanced Compliance: Maintain a full audit trail for financial and regulatory purposes.

  • Better Banking Control: Manage multiple accounts and cheque books with ease.