Tally.ERP 9 provides the default banking features required to record payment transactions. By using F11: Features, you can modify the default settings for banking features of your company depending on the business requirements.
To modify banking-related settings
1. Go to F11: Features > F1: Accounts.
The Company Operations Alteration screen appears as shown below:
2. Enable Set/alter transaction types.
o Include or exclude the required transaction types based on your business needs. The Cheque, e-Fund Transfer, and Others options are enabled by default.
The Alteration of Transaction Types screen appears as shown below:
3. Enable Set/alter post-dated transaction features? .
o Click the bank name from the List of Banks which you want to be listed as notional banks to support post-dated transaction options.
4. Enable Set/alter banking features.
o Enable beneficiary code? - Enabling this option allows you to add the beneficiary details in the ledger. This feature is available only when you create bank ledgers with e-payments enabled.
o Enable bank details for cost centre? - Enabling this option allows you to make cost centre payments through the bank.
o Export/upload payment instructions on voucher creation? - This option allows you to export payment instructions directly from the voucher if you provide the necessary payment details during voucher creation.
o Ignore transactions with information mismatch? - Enable this option to ignore transactions in which bank details entered are different from the masters.
'Setting up Banking Features' has been shared with