Hope this will be beneficial to monitor post dated cheques.
Not sure what you are listing here - it’s custom report selecting transactions with “Oct” in the description
Not sure what this has to do with post-dated cheques
Its like this some are interested in taking system report for postdated cheques. This report can be taken regardless of the date we used record a PDC i.e current date or cheque date.
Here, by giving OCT I have shown how it can be filtered monthly. If whole report is required you can use CDD there. CDD=Cheque Deposit due date.
This is a very useful for distributors and whole sellers. Maybe country specific requirements be relevant to consider when posting PDC.
This is useful to make sure deposits are made physically on the correct date.
This only works if the users are diligent in entering the description in an exact manner every time they enter a payment. Not foolproof imho
1 Like
You are right. I would like to know if there is another way too
Your custom report will also list every transaction containing “OCT”, regardless of whether it is a receipt or not. I will make two other observations:
- While I know post-dated cheques are common in some jurisdictions, I believe they have no place in accounting programs. Accounting is about recording what has happened, not what might happen in the future. They are also illegal in many jurisdictions, which is one of the reasons there is no support for them Manager.
- If you want to obtain a list of post-dated cheques, which are receipts that are pending in a bank account, it is easier to copy a portion of the Receipts tab list or the Pending Deposits drill down from the Bank and Cash Accounts tab.
1 Like
This is why there is second filter with customer name. My solution works well when taken with CDD instead of “Oct”. User is expected to follow it. Also, after taking with CDD, it can be easily filtered in Excel for different months, weeks etc… This works well for me for now.
Thank you very much for the other solution.