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author's profile photo Former Member
Former Member

Postdated Check

Hello

My requirement was when a customer gives a postdated check which may be after 2 month and he will buy the material during this 2 month. And the credit check is active.

The customers credit limit is example : 100 USD and horizon is say 1 month and he gives a Postdated Check to deposit after 45 days of 80 USD and he wants when his credit limit should calculate 180 USD where 80 USD is PDC and 100 is the limit.

I can understand that this PCD of 80 USD can be treat as a downpayment from FI side and then the system will calculate that 80 USD as a prepayment.

But is there any way to do this without downpayment. And one more thing is I can't make his credit limit 180 USD...

Hope I am not confused everyone 😊

Thanks

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1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Dec 08, 2011 at 03:17 AM

    Try ask in FI forum. Credit management is part of FI.

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