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Post Dated Cheque for Outgoing Payment

Dear All Experts,

When i Create outgoing payment for post dated cheque then it will be effected in our current Bank Account Balance.

So, How to create outgoing Payment for Post dated Cheque? Plz. Give me the Solution .

Thanks,

Arabinda Pal

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  • Posted on May 27, 2011 at 09:50 AM

    Hi Arabinda Pal,

    the current balance in the CoA will always reflect the balance of all transactions, not just the transactions up to the system date.

    To make a postdated cheque outgoing payment, the dates on the payment should be that future date. As soon as you post the payment, the balance of the gl account will be affected. To see the balance of that account up to a certain date, clickon the orange arrow to get to the account balance window. In the criteria, tick By Posting Date & in the 'to' field, enter the date until which you want to see the transactions. Scrolling to the bottom of the window will give you the balance of that account at that date.

    All the best,

    Kerstin

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