How to Create Cheque Dishonored Entry in SwilERP Pharmacy Software

Create Cheque Dishonored Entry (PDC Management)

How to Create Cheque Dishonored Entry in SwilERP 


Meaning of cheque dishonored 

A cheque can be dishonored for a host of reasons, and it could be because the issuer of the cheque made wrong signature on it or did not have sufficient balance in the account. In the PDC transaction section, users can create a cheque dishonored entry for the further processor of a cheque. 
There are some possible reasons in which a bank can dishonour a cheque:  

  • Insufficient funds in the payer's bank account.
  • Signature missing or mismatch.
  • Account number mismatch.
  • An issue with the date of the cheque.
  • Mismatch in the amount in words and numbers.
  • Disfigured or damaged cheque.
  • Crossing the limit of the overdraft.

Start with Login in SwilERP Dashboard to initiate the process  

  1. Go to the Accounts>   PDC transactions> Cheque Dishonored.
SwilERP Dashboard Window

How to create cheque dishonored entry?

Here is the steps to create cheques dishonored entry: 
  1. First, select the Bank Account details. 
  2. Select the Customer name from the drop-down list. 
  3. All the deposited cheques list is shown in the cheque no column. 
  4. Select the cheque number from the list. 
  5. Now, tick-mark on the options:
    1. Return to party- If you want to return the cheque to the party, then tick on this option.
    2. Present Again-  If you want to deposit the same cheque again into the bank, then tick on this option. 
    3. Keep as PDC cheque- From this option, you can re-generate the new receipt cheque to deposit.
  6.   Further details of invoice will show in the below-given tab . 
  7.  Save the page with the given option. 
Cheque Dishonored Window

      • Related Articles

      • Dishonored Cheques Entry

        How to do Cheque Dishonored Entry in SwilERP (RetailGraph) A Cheque is considered bounced or dishonored when the drawer's bank returns it unpaid due to reasons like insufficient funds, mismatched signatures, or expired cheques. SwilERP allows users ...

      • Create Cheque Deposit Entry (PDC Management)

        How to create cheque deposit entry in SwilERP Cheque Deposit in SwilERP  The cheque deposited in the bank journal entry will debit the bank account and credit the giver. Whenever you deposit the cheque in the bank, you have to make an entry for the ...

      • Create Cheques Deposit entry

        How to Create Cheques Deposit Entry in SwilERP (RetailGraph) Software In SwilERP, depositing a cheque in the bank requires a journal entry that debits the bank account and credits the giver. After creating a PDC receipt entry, recipients can ...

      • Post Dated Cheque Receipt (PDC Management)

        How to create (Post Dated Cheque) PDC Receipt Entry in SwilERP Meaning of PDC You use the same cheque format for a regular cheque and a PDC. The only difference is the date you indicate on the upper right-hand side. On a regular cheque, you write the ...

      • View Created Cheque List ( PDC Management)

        How to view Created Cheque list in SwilERP What is cheque list? A cheque is a document that orders a bank to pay a specific amount from a person's account to the person whose name the cheque has been issued. To issue a cheque to the vendor, the ...