Understanding Vendor Bank

Vendor bank details encompass essential information required for facilitating payments to a vendor, including the bank name, account number, IFSC code, and account holder’s name. These details are vital for ensuring accurate and secure transactions between businesses and vendors.

 

Adding a Vendor Bank

Adding a Vendor Document in AntMyERP is easy! You just need to put their important info into one place. 

Navigate to Left Menu > Purchase > Vendor 

You will land on the Vendor Listing Page

Locate the Vendor in the Vendor list and click on the Edit option from the Action dropdown menu. Alternatively, you can Right Click on the Vendor whose Bank you want to add by clicking Edit.

You will land  on that Vendor‘s Basic page

Click on Bank

Click on the  + icon on Right Top

Enter the bank’s IFSC code in the designated field and click on the Auto-IFSC code icon. The bank and branch name will be automatically populated

If an invalid IFSC Code is displayed or if the fields are not auto-populated,there’s a possibility that your bank may have opened a new branch that isn’t yet listed in our IFSC code database. Consequently, it may not be auto-populating. Please manually add the revised IFSC code, bank name, and branch name in the respective fields.

Fill in the Bank account number and select the type of bank account from Dropdown. You can also Upload the canceled cheque From Choose File

After entering all the details, click Save.

You can add multiple banks for this vendor using the same process.

 

Exporting Vendor Bank

Please note: that you cannot export the Vendor Bank information in Excel or any format from AntMyERP

 

Editing Vendor Bank

Navigate to Left Menu > Vendor > Vendor Listing Page > Select Vendor > Edit

Alternatively, you can Right-click on the Vendor whom you want to Edit.

You will land on the Vendor’s Basic Page.

Click on Bank

Click on the Action dropdown Menu of the bank you wish to modify and select “Edit.”

Make the necessary changes to the Vendor Bank’s details.

Save the updated information.

 

Deleting Vendor Bank

Navigate to  Left Menu > Vendor > Vendor Listing Page > Select Vendor > Edit

Alternatively, you can Right-click on the Vendor whom you want to Edit.

You will land on the Vendor’s Basic Page. 

Click on Bank

Click on the Action dropdown Menu of the bank you wish to modify and select “Delete.”

The message box will display Are you sure you want to delete?

Click on Yes

The Bank will be deleted