Account Cheque Management

The Account Cheque Management Module simplifies and streamlines the entire cheque handling process within the accounting system. It enables organizations to efficiently record, track, and manage issued and received cheques, ensuring better financial control and transparency.

Account Cheque Management in odoo:-

Navigate to Accounting > Configuration > Journals.

Navigate to Journals > Bank > Outgoing Payment.

This all field are only shown in Bank Journals.

Set a Cheque Prefix and Range. Once that is done, click on the "Add Cheque" Button.

Now you can see the record in cheque history.

If you try to add same record again with same Cheque Prefix and Range then it will give an error.

Navigate to Accounting > Reporting > Management Section > Cheque Ledger.

Here you can see the Cheque Records in the List View.

Here you can see the Pivot view of cheque record.

Create a purchase order and then Confirm the Order.

After that go to Receive Product and validate it.

After that create and confirm bill of that purchase order.

After that go to Vendor Bills.

In the vendor bill, click on the "Register Payment" button.

A pop up will open for Registering the Payment, Fill in all the required details here and select the cheque number. Once done, click on "Create Payment".

Once the payment is created, the corresponding payment status will automatically be reflected on the Purchase Order.

Inside the Cheque Ledger, whenever a cheque number is selected while registering a payment, the status of that cheque is automatically updated based on the payment status.

Here, you can view the different statuses of a cheque.