How to add a new fixed deposit?

Please follow the below steps to add a new deposit:

1. Login to dashboard.mygate.com →  Accounts → Bank Accounts → Fixed Deposit → Add Fixed Deposit.

2. Input details referring to the FD certificate and according to the mode of payment. Click on the “Add Fixed Deposit” button to save the details.

Notes: 

a. Adding a new FD will create a fixed deposit account head with the FDR number under “Investment” in the chart of accounts. 

b. Interest on each fixed deposit will also be tracked in a separate income account head.

c. Deletion of an existing fixed deposit is possible at any point in time and it will delete all the related entries associated with it.

d. Editing an existing fixed deposit is possible only before starting the interest collection, maturity, or pre-maturity.