Cash Journal Enhancements

Owned by Tanpreet Singh (Unlicensed)
Last updated: May 09, 2022 by Ashwani Thakur
3 min read

Enhancement 1 

In this enhancement, Vienna introduces the Cash payments against the Advance Order. 

Overview 

Cash management is the corporate process of collecting, managing and ensuring a company's financial stability and solvency. Frequently corporate treasurers or a business manager is responsible for overall cash management. In Vienna Advantage we can manage the cash in the form of cashbook and cash journal. 

 Previously system was not allowing to  create the Cash Journal against the advance Order. Now we have added new fields 'Order' and 'Order Payment Schedule' by which user can do the cash payments. These fields will get display when user select the 'Cash Type' as 'Order'. 

Enhancement 

  1. To Achieve this, we have added Order on ''Cash Type'' and Order/Order Payment Schedule Fields on Cash Journal Line Tab. 

CASH JOURNAL 

  • Create Order with partial or fully advance schedule. 

  • Open the Cash Journal from the Menu 

  • Select Cashbook on the Cash Journal. 

  • Click on the Cash Line tab. 

  • Select the Cash Type as Order. 

System will show Order Field, Order Payment Schedule  drop down on Cash line Tab. 

  • Search the Order Number and Select the Order Payment Schedule from the drop down. 

System will update the Amount field  and Converted Amount Field and System will show Purchase order in ''-'' format and Sales Order on ''+'' format. 

Amount field and Converted Amount field Value will remain same when Cash Line Currency is same as Cashbook Currency on Header. If Cash Line Currency is different from the Cashbook Currency then System will check the Conversion rate between 2 currency and convert the Amount according. 

  • Click on the Complete button on Cash Journal header. 

System will mark ''Is-paid'' checkbox true on the Order Payment Schedule tab after the completion of Cash Journal. 

User can also create the Cash Journal through Payment Form against Order Payment Schedule. 

User can only create the Cash Journal against those Orders which has Un-Paid Advance Order Payment Schedule. 

 

Create  Order in INR with Payment Term 50% Advance schedule. 

Open the Cash Journal window from Menu. 

Select the Cash book. 

Select the Cash line Tab. 

Select the Cash Type as Order. 

 

  •  Complete the Cash Journal 

  • After the Cash Journal system will mark the 'Is-paid'' checkbox true for the Order Payment Schedule. 

  • System will update the Cash Journal reference on the Order Payment Schedule. 

 

 

User can also Create the Cash Journal against Advance Order Payment Schedule through Payment Form 

 

  • Open the Payment form Through Menu 

  • Select or Search the Order Payment Schedule. 

  • Click on the Cash Journal button.

  • System will convert the Due amount as per the Account Date. 

  • Click on the ok button. 

  • System will Create the Cash Journal with Order and Order Payment Schedule.