(1) In this blog, we will see how to create and post Bank Payment Voucher. There are two ways to open a “Bank Payment Voucher”, as shown.
Go to the “Voucher Interface” and select “Bank Payment Voucher”.
or Go to the search bar and type “Bank Payment Voucher”, as shown.
(2) After that, the “Bank Payment Voucher” opens and enters the information. In the below screenshot, we entered the Vendor payment from our bank, as shown.
Vendor is debited → X Amount Dr.
Bank is credited → X Amount Cr.
Field Name
Field Description
Importance
Batch Name
Specifies the name of the journal batch (discussed in the “Overview of Vouchers” blog).
Mandatory
Posting Date
Specifies the entry’s posting date.
Mandatory
Document Type
Specifies the type of document that the entry on the journal line is.
Mandatory
Document No.
Specifies a document number for the journal line.
Mandatory
Account Type
Specifies the type of account that the entry on the journal line will be posted to.
Mandatory
Account No.
Specifies the account number that the entry on the journal line will be posted to.
Mandatory
Account Name
Specifies the account name that the entry on the journal line will be posted to.
Mandatory
Description
Specifies a description of the entry.
Mandatory
Amount
Specifies the total amount (including VAT) that the journal line consists of.
Mandatory
Bal. Account Type
Specifies the code for the balancing account type that should be used in this journal line.
Mandatory
Bal. Account No.
Specifies Bank Account from the list.
Mandatory
(3) After entering the journal, now go to the “Process” → ”Voucher Narration”, as shown.
(4) Voucher Narration page opens and enters narration and closes the page, as shown.
(5) After that go to the “Post/Print” → Post the entries shortcut Keys is F9 and press Yes, as shown.
(6) Entries posted and go to the “General Ledger Entries” and take a printout of that entry, as shown.
(7) Bank will always be credited in bank payment voucher.