The Demand Cheque module enables you to create cheque requests, post cheque data (or include requisitioned cheques in a cheque batch) and automatically generate printed cheques. In addition, the module enables you to create invoices during cheque request entry. The procedure, in effect, accomplishes true "one-write" chequing. Much of the required maintenance is accomplished through Accounts Payable maintenance programs. The Demand Cheque module includes report programs that enable you to view the details of cheques prior to printing and to list all outstanding cheques issued by the system.
The Demand Cheque module is fully integrated with both the Accounts Payable and General Ledger modules. Normally you will not perform general ledger journal entries affecting your demand cheques. The Accounts Payable system balancing test enables you to verify at any time that your accounts payable and general ledger systems are in balance.