The Contra Entry module in our software simplifies the process of recording transactions that involve the transfer of funds between cash and bank accounts. This feature is essential for businesses that regularly need to transfer money within their accounts without affecting their overall financial position.
Key Features:
- Easy Transfers: Seamlessly record transfers between different cash and bank accounts.
- Accurate Reporting: Ensure all contra entries are accurately reflected in your financial reports, maintaining the integrity of your financial data.
- User-Friendly Interface: Our intuitive interface allows users to quickly and efficiently manage contra entries without needing advanced accounting knowledge.
- Comprehensive Tracking: Keep track of all your internal fund transfers with detailed records and reports, ensuring transparency and accountability.
Contra entry link with BRS module:
- In the Bank reconciliation module Match and Suggested Match features use the same criteria for identifying and processing contra entries also.
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| Fields | Details |
|---|---|
| Contra No. | Here Contra number will be automatically generated as per the series continuation. |
| Contra entry Date | Here you can select the Date of entry of the transaction. |
| Mode | Here you can select Mode of transaction as per requirement. |
| Account | Here you can select Accounts and add their Debit and Credit Amounts with description. |
| Special notes | Here you can add any type of note for this transaction. |
With the Contra Entry module, Whether you’re moving funds between bank accounts or adjusting cash balances, our software ensures that these transactions are recorded with precision and ease.
