Accounts
Interest Calculation Statement
How to View Interest Calculation Statement in SwilERP Software What is interest, and how to Calculate it? Interest is the method or technique to calculate the interest on a sum over time at a given interest rate. It is the most uncomplicated ...
View Outstanding Statement
How to View Outstanding Statement in SwilERP What is an outstanding statement? An Outstanding Invoices statement will display the customer's unpaid invoices at any given time. They can view the invoices that are partially paid, unpaid, and past their ...
View Missing Cheques Details (PDC Management)
How to View Missing Cheques Details in SwilERP Meaning of missing cheques report Although this report is called the "missing cheque report," it can list the missing cheques in your books. The report points out missing and duplicate cheque ...
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 ...
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 ...
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 ...
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 ...
Clear Pending PDC (PDC Management)
How to Clear Pending PDC in SwilERP Software Overview After issuing PDC to your vendor/supplier, whenever your vendor deposits the cheque and the bank clears the cheque. Then you have to clear the PDC from SwilERP. To view the entries in the account ...
Issue Post Dated Cheque ( PDC Management)
How to Issue Post Dated Cheque in SwilERP Software Meaning of PDC A post-dated cheque is one that the user can encash on a future date. The buyer issues a PDC cheque to a vendor for future date payments. What makes a PDC different from a regular ...
View Profit and Loss Account
How to view Profit and Loss Account in SwilERP Meaning of Profit & Loss account A profit and loss account shows a company's revenue and expenses over a particular period, typically one month or consolidated months over a year. These figures show ...
Create Bank Reconciliation of Accounts
How to Do Bank Reconciliation in SwilERP Software What is bank reconciliation? Bank Reconciliation is an essential process in accounting in which organizations match their bank statements with the transactions recorded in their general ledger. ...
Create GST Output Service Invoice
How to create GST Output service invoice in SwilERP What is GST Output? Output GST is the GST that is applied to sales of goods or services provided. Output tax paid, the GST is paid either by availing of input tax credit or cash. If a user sells ...
Create GST Input Service Invoice
How to create GST input service invoice in SwilERP What is GST Input? 'Input Tax Credit' or 'ITC' means the Goods and Services Tax (GST) paid by a taxable person on any purchase of goods and services used or used for business. ITC value can be ...
View Vouchers Check List
How to View Vouchers Check List in SwilERP What is a voucher? Creating vouchers ensures that every payment is authorized and the item purchased is received, providing an effective internal control mechanism. They are also beneficial during audits and ...
Create Contra Voucher for Transactions Entries
How to Create Contra Voucher in SwilERP What is a contra voucher? A contra entry is any transaction involving a cash transfer between one cash a/c to another, and one cash a/c to another bank a/c, or one bank account to another. Contra entry is a ...
Create Payment Voucher for Transactions Entries
How to create payment voucher in SwilERP Meaning of Payment Voucher A payment voucher is a supporting document for entries passed in accounting books . The payment voucher is prepared when a buyer makes a payment to the seller . It serves as proof of ...
Create Receipt Voucher for Transactions Entries
How to create receipt voucher in SwilERP What is a Receipt Voucher? A company issues a receipt to its customers upon receiving payment against a particular invoice. Users can easily adjust their invoice from the receipt voucher option. The receipt ...
Create Journal Voucher
How to Create Journal Voucher in SwilERP Software Meaning of Journal Voucher Journal Vouchers are used to process current accounting entries, allocations, and corrections for which other means of entry into the financial system are unavailable. In ...
Create Schedule for Accounts
How to Create Schedule for Accounts in SwilERP Meaning of schedules in accounts In accounting, a schedule is defined as the supporting report or document which constitutes detailed information, explaining the elements of the financial ...
Analysis of Accounts Monthly Due Balances
How to view Monthly Due Balances in SwilERP Software What is Monthly Due Balance? A monthly due balance is a report that provides you with the data of due balances and their monthly amount. This report displays the account-wise details of all the ...
Schedule Multiple A/C Summary
How to Schedule Multiple A/c Summary in SwilERP Meaning of Account Summary An account statement is a periodic summary of account activity with beginning and ending dates. In which you are checking the most commonly known accounts. This default ...
Schedule-Account Wise Summary
How to view Schedule-Account Wise Summary in SwilERP Meaning of Schedule-Account Wise Summary In SwilERP, the schedule name defines the account group name applied to your transactions. An account Summary is a summarized document that provides a ...
View Sub-Ledger of Accounts
How to View Sub-Ledger of Accounts in SwilERP What is a sub-ledger? A sub-ledger is a ledger containing all of a detailed sub-set of transactions. The total transactions in the sub-ledger roll up into the general ledger. For example, a sub-ledger may ...
View General Ledger of Accounts
How to view General Ledger in SwilERP What's the meaning of General Ledger? A general ledger defines the record-keeping system for a company's financial data, with balance, debit and credit account records validated by a trial balance. It provides a ...
View Cash and Bank Books of Accounts
How to view Cash and Bank Books in SwilERP What is Cash and Bank Book? The Cash Book is a record of the receipts and payments of cash, and it is a book of original entries as well as a ledger account. Similarly, the Bank Book records all the receipts ...
Create Master of Day Book
How to Create Day Books Master in SwilERP Master of Day Books A day book is a book of original entries in which an accountant records transactions by date as they occur. Also, Day Book shows the details of daily transactions to match with the GST and ...
View Day Book of Accounts
How to view Day Book of Accounts in SwilERP What's the meaning of day book? The Day Book lists all transactions made on a particular day and, by default, displays all the transactions for the same day. Users can view particular date wise details in ...
View Series Wise Statement
How to view statement series wise in SwilERP What is a series wise statement? A statement (Series wise) is a detailed report of the contents of an account. A series-wise statement is a document that reflects data transaction series-wise. With ...
Statement of Accounts (Schedule Wise)
How to View Accounts Statement Schedule Wise Meaning of schedule wise statement In accounting, a schedule is defined as the supporting report. This is a document that constitutes detailed information explaining the elements of the chief financial ...
Statement of Accounts
How to View Account Statement in SwilERP What is a account statement? An account statem ent is a document that reflects all the transactions between customers and vendors. Generally, this statement provides the transactions' data posted in ...
View Fund Flow Statement
How to View Fund Flow Statement in SwilERP What is a Fund Flow? Funds Flow Statement is a statement prepared to analyses the reasons for changes in the Financial Position of a Company between 2 Balance Sheets. It shows the inflow and outflow of ...
View Trading Account
How to View Trading Account in SwilERP What is Trading account? Trading account is used to determine the gross profit or gross loss of a business which results from trading activities.Trading activities are mostly related to the buying and selling ...
Create Account (Ledger A/c) from Master Data
How to Create Account (Ledger A/c) in SwilERP In SwilERP Software, the purpose of the creation of accounts (ledger) is to maintain records of any type of transactions concerning sales/ purchase/ debtors/ creditors, etc. Users have to create an ...
Trial Balance in Accounting
How to View Trial Balance in SwilERP Meaning of Trial Balance Trial Balance is the report of accounting in which ending balances of the different general ledgers of the business are available. In the other way, a trial balance is a financial report ...