Create Check Voucher
A systematic protocol for managing corporate check disbursements with built-in audit trails and managerial oversight.
The process begins by ensuring the absolute completeness and accuracy of all supporting documents required for the check issuance.
The Accountant creates the Check Voucher in Phecom ERP, inputting the corresponding Check number and all proper details for issuance.
The Manager reviews the voucher. Note: The accounting entries are officially recorded in the books the moment the Manager Approves the transaction.
Managerial Recording Trigger
For check disbursements, Phecom ERP synchronizes the general ledger the moment an authorized Manager approves the voucher. This ensures that your corporate liabilities and bank position are reflected in the financial reports immediately, providing an accurate view of pending cash outflows before the physical check is even handed to the payee.