Beneficiary master in Retail POS Accounts
Beneficiary master is used to update the beneficiary details of Ledgers like customers and suppliers in accounts.
Business rules
- This beneficiary details created for business information purpose only. User can find the ledger’s accounts beneficiary details in this menu.
- There should be the menu called beneficiary master under master module in accounts.
- In beneficiary screen select the ledger name and enter the details like Account number, IFSC code, Account type, bank name and account holder name.
- Then enter update function key to update the entered details against the selected ledger.
- This will display in accounts payment screen while proceeding the payment to ledger just to confirm the accounts details.
- Created beneficiary can be viewed and edited using the function key called “view and edit”.
| Data needed | List Value | Description |
| Ledger name | Show ledger list to select | Select Ledger name |
| Account no | Enter Account no | |
| Account type | Show bank accounts types | Select Account type |
| Bank name | show all the bank name from bank list | Select Bank name |
| IFSC Code | Enter IFSC Code | |
| Account holder name | Enter Account holder name | |