Banking
Banking The Banking module in ERPNext streamlines the management of all banking operations in the accounting module. To ensure precise transaction mapping, users can create and manage multiple bank and bank account records that are directly connected to the chart of accounts. The Bank Clearance feature makes it simple to monitor uncleared checks and perform routine operations like deposits, withdrawals, and fund transfers. […]
Bank Account
Bank Account The Bank Account function in ERPNext helps you construct and manage bank accounts for your business, as well as for your customers, suppliers, and staff. This is very useful when you send or receive money through a bank transfer. For instance, integrating an employee’s or vendor’s bank account into the system ensures […]
Payment Request
Payment Request Payment Request is employed to request payment from a customer for a Sales Order or an Invoice. Payment Requests are typically dispatched through email and may have a link to a Payment Gateway if set up. You can create a Payment Request from a Sales Order or Sales Invoice. You can […]
Bank Transaction
Bank Transaction Real transactions that took place in your bank account are represented by the Bank Transaction form in ERPNext. Instead of being manually entered, these are typically retrieved automatically (using integrations like Plaid or the Bank Reconciliation Tool). In order to guarantee the accuracy of ERPNext records and the bank’s actual records, this helps businesses with book […]
Bank Reconciliation Statement
Bank Reconciliation Statement A Bank Reconciliation Statement (BRS) is a report that shows how much more or less money is in your ERPNext bank account than what is shown on your bank statement. It shows any differences that are due to checks that haven’t cleared, deposits that are still in the mail, or late postings. […]
Bank Clearance
Bank Clearance Businesses can keep track of checks or payments that have been sent or received but have not yet been cleared by the bank, thanks to ERPNext’s Bank Clearance feature. The system immediately records the transaction in the company’s books when a Payment Entry (receipts or payments) or a Journal Entry for a bank account is posted. However, […]
Letter Head
Letter Head In ERPNext, a Letter Head is used to display your company’s branding—like the name, logo, and address—at the top of documents such as invoices, quotations, and purchase orders. It gives your documents a professional and consistent appearance. Each company can set a default Letter Head, which is automatically applied to all print formats unless […]
Dunning
Dunning A Dunning is a letter or form sent as a regular reminder to ask for payment of overdue obligations, usually for unpaid Sales Invoices. It allows businesses to keep track of outstanding payments and follow up in an organized manner. To open the Dunning list, go to: Home > Accounting > […]
Advance Payment Entry
Advance Payment Entry Advance Payment Entry refers to when the Supplier or Customer pays beforehand, before making the invoice. Generally, anAdvance Payment Entry is made in the case of high-value deals. Consider a Customer- Jane D’souza placing an order for a luxury furniture item costing ₹24,000. She is asked to give some Advance […]
Bank Guarantee
Bank Guarantee A Bank Guarantee is a promise from a lender, like a bank, that the debtor will pay back their debts. If the borrower doesn’t pay back the loan, the bank will pay it off. This lowers the risk of doing business with other companies, which lets them sign contracts, buy things, or go […]
