Microsoft Dynamics NAV (Archived)

Dynamics NAV - Post Dated Checks (Checks under Collections or Deferred Checks)

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Posted on by Ahmad_Safadi

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Hello

How can deferred checks be processed in Dynamics NAV ?

Simple question but I hope to get a sufficient answer.

Thanks in Advance,

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Maneesha 5,891 on at

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can you inform more information , because we dont know your process , it can be done by various ways

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Ahmad_Safadi 373 on at

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Guys

Any help ???

No one knows what Deferred Checks are in here ! and whether this functionality is available in Dynamics NAV ?

In definition,

" Post Dated Check is a check delivered now with a written date in the future, so that it cannot be cashed until that date. The danger to the recipient is that such a check is legally only a promissory note due at the later date, and if the account is closed or short when the check is presented at the bank, the payee has no rights to demand payment by the bank or claim that the delivery of a bad check was criminal."

Thanks in Advance

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Maneesha 5,891 on at

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A. Saf ,

Be more polite at here

also we didn't ask you what is the "Post Dated Check"

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Maneesha 5,891 on at

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this is not about the system issue and its belongs to your procedures on your bank

talk to your finance department and ask how they deal with post dated check before implement NAV

its same on it , if you need some evidence , generate the report and get the sign from receivers along with receive your checks

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Indikauk 1,759 on at

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Hi Saf

Default NAV You Cannot Handle Post Dated Cheques you need to go for customization for your requirement.

Post Dated Cheques Accounting is varied from Company to Company. for example, if you received post dated check from customer today what you will do with the entry?.

you cannot post it to the bank till the realisation date but when it comes to the customer how do you handle it. with the post dated cheque amount do you reduce the customer outstanding balance?

do you post it to customer ledger entry?

and how should it show in the customer statement, Aging etc,

like wise those things need Clearly Understand and Based on That you need to go for a Customization for the PDC module.

Thanks

Indika.

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Alex A 2,913 on at

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NAV 2016 has functionality to support deferral posting. Check this link and see if this helps: msdn.microsoft.com/.../dn368450(v=nav.90).aspx

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