Cash Receipts: Receive cash from customers or others. The cash and party ledgers, party receivables and cash book are automatically updated. While receiving cash, you may also adjust pending items, such as list of sales invoices or advances.

Cash Payments: Pay cash to suppliers or others. The cash and party ledgers, party payables and cash book are automatically updated. While receiving cash, you may also adjust pending items, such as list of purchase invoices or advances.

Bank Receipts: Receive amount from customers by cheques. Record details such as the cheque number, date of issue of cheque, bank name and branch of the cheque, bank charges etc. The bank and party ledgers, party receivables and bank book are automatically updated. You can also adjust pending bills.

Bank Payments: Issue cheques to suppliers. Record details such as the cheque number, date of issue of cheque, bank name and branch of the cheque, bank charges etc. The bank and party ledgers, party payables and bank book are automatically updated. You can also adjust pending bills.

Bulk Bank Payments: Pay vendors, other parties or accounts in bulk from a bank account. For example, you may pay to various suppliers, expense accounts in bulk. The ledger accounts of parties, other accounts and bank account will be automatically updated. Apply service tax when receiving money from customers or when paying money to vendors or others.

Deposits and Withdrawals: Manage cash deposits and withdrawals from banks. Ledgers and books are automatically updated.

Inter-Bank Transfers: Transfer amounts between banks. The bank ledgers and banks books are automatically updated.

Cash Transfers: Transfer amounts between cash accounts. For example, transfer cash directly from head office account to branch office cash account. The cash account ledgers are updated automatically.

Cheque Bounce: Record bounced cheques, received or issued. Elixir ERP automatically reverts the details of cheques received or issued. The bank account and party ledgers and books are automatically updated.

Bank Reconciliation: Elixir ERP provides an efficient way to reconcile your bank statement. You can: – Reconcile statement of each bank account – Mark the clearing status of un-cleared cheques along with dates – Bank, party, other account ledgers and books are automatically updated.

Manage post-dated cheque transactions effectively.

Receipts: Receive amounts from customers and other parties by PDC. Store details such as the cheque number, cheque date, bank and branch names, taxes etc. The ledger accounts are automatically updated.

Payments: Pay to customers and other parties by PDC. Store details such as the cheque number, cheque date, bank and branch names, applicable taxes etc. The ledger accounts are automatically updated.

PDC Deposits: Mark all post-dated cheques received as deposited. Store the dates on which the PDCs were deposited into the bank.

Clear PDCs: Elixir ERP enables you to clear the post-dated cheques manually or automatically. If manually, you may choose one or more PDCs to clear, set the date on which the cheque is cleared and the status of clearance. The ledger accounts and the books are automatically updated upon clearing.

Manage your Receipts through Credit Cards

Receive money from your customer or other parties by credit cards. You can create various type of cards and issuing companies, swipe types such as a debit card, credit card etc. Record details of service tax and charges incurred. Details such as the card number, expiry date, approval number etc. can be maintained. You can also record the details of amounts received from the credit card company. The necessary account ledgers and the books are automatically updated.

The Journal takes care of the following processes:

Adjustments: such as, debit and credit notes, journal vouchers. Elixir ERP lets you to enter journal entries in two ways – simple and complex. A simple journal entry lets you to record journal entries with single debit and credit. A complex journal voucher lets you to record journal entries with multiple debit and credit accounts. You can also adjust pending bills of parties in bulk. Opening Entries: Record details of previous balances that are carried forward to the new financial year. You can record balances of all your ledger accounts such as cash, bank, assets, debtors and creditors etc.

Finance Reports Trial Balance, Balance Sheet , Profit & Loss , Cash Flow , Fund Flow, General Ledger

Cash & Bank Reports Cash Book , Bank Book , Day Book , Bank Reconciliation , Transaction Listing, PDCs

Journal Reports Journals, Transaction Listing, Opening Balances

Balances Reports Coustomer balances , Supplier Balances , Account Balances