A post-dated cheque is one that the recipient can encash on a future date. Such cheques are not payable until the date mentioned on the face of the cheque. In the accounting books of both the issuer and the recipient, the transaction will not be recorded until the date provided on the cheque.
You can click the following links for more information on post-dated cheque management.
Introduction |
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Reports |
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Transactions |
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Recording PDC Transactions Without Reflecting in Books of Accounts |
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Notional Bank |
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