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1,179Client receives a lot of customer post-dated cheques. Standard PDC posts the customer credit at receipt, which is what they want to avoid.
Standard
The red step settles the invoice and drops the balance on day one, before the cheque clears.
What they want
Current proposal is to hold the customer payment journal unposted until maturity and post it via a batch job (posting early throws the "maturity date is in the future" error). I'm uneasy about thousands of unposted, editable journal lines sitting there for weeks with an accrual already posted against them.
Questions
Has anyone tested Post journal entries for postdated checks = No on the customer side? Can't find a clear statement of what it actually posts.
Held unposted journal vs a custom PDC register table with the journal generated at maturity — what have people actually run, and how did it cope at volume?
Any pure configuration route that defers the customer hit?
Thanks.
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