Handling Cheque in IT 2.0 - Cheque Receipt and Payment Procedure in APT 2.0 Environment (Treasury Module)

🔹 Part 1: Issuing a Cheque (Payment to Customer)

🧾 Step-by-Step Process

1. Go to Treasury Module.
2. Click on "Cash & Cheques" → Then select "Miscellaneous Transactions."
3. In "Miscellaneous Transactions," you’ll see:
   • Receipt
   • Payment
4. Select "Payment" → choose "Cheque" as mode.
5. Enter:
   • Payee Name
   • Remarks (e.g., NSC maturity, RD closure, etc.)
   • Account Code
   • Amount
6. For RD payment, select both Principal and Interest GL codes → Click Insert.
7. Do not select inserted rows → Click Submit directly.

🔸 Supervisor Actions (Cheque Issuing)

1. Login to Bank Module → Drawing Management → Cheque Issue.
2. Click View Details on the transaction.
3. Check cheque number and transaction details → Click Issue Cheque → Confirm.
4. Return to Treasury → Miscellaneous Transaction Approval.
5. Enter Remarks → Click Approve → then Confirm.

✅ Cheque is now ready to hand over to the customer.

🔹 Cheque Disposal (Handing Over to Customer)

1. Go to Treasury Module → Cash & Cheques → Cheque Disposal.
2. Select the cheque to be disposed.
3. Disposal confirms the cheque is handed over to the customer.

🔸 Sub Office vs Head Office

• Same process in both.
• Sub Office requests cheque; Head Office issues and approves it.
• In Head Office, the same user may perform all actions; in Sub Office, different IDs are used.

🔹 Receiving a Cheque from Customer (Cheque Receipt)

1. Go to Treasury Module → Cash & Cheques → Miscellaneous Transactions.
2. Select Receipt → choose Cheque as mode.
3. Enter:
   • Cheque Number
   • Cheque Date
   • Remarks (e.g., NSC issue, TD, bills)
   • Account Code
   • Amount → Insert → Submit
4. Wrong entry? → Select and Delete, else Submit.

🔸 Supervisor Actions (Cheque Remittance to Bank)

1. Go to Bank Module → Remittance Management → Cheque Remittance.
2. Click View Details → verify info → Send to Bank.

🔹 Cheque Clearing

• If cleared → Click Confirm & Realize
• If bounced → Click Not Realized

🔸 Final Approval

1. Go to Treasury → Cash & Cheques → Miscellaneous Transaction Approval.
2. Click View Details → Enter remarks → Approve.

✅ Cheque is now posted correctly in Finacle and appears in the Daily Account.

📄 Daily Transaction Report (DTR)

1. Go to Treasury Module → Reports → select DTR.
2. Shows all Receipts & Payments for the day.
3. You can Print the report for verification.

📝 Example:

• NSC Cheque of ₹1,00,000 appears under Payment → Remittance to Bank.
• RD Closure Cheque issued appears under:
  • Payment → RD GL
  • Receipt → Transfer from Bank GL