Post Dated Checks (PDC)

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Posted on by Hossam EL Hassan

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Hi,

I have seen previous post on PDC. I need help in the setup.

What is the nature for clearing account for check account for issued checks? Main account type, and Main account category

What is the nature for clearing account for check account for received checks? Main account type, and Main account category

What is the nature for bridging account? Main account type, and Main account category.

If you have detailed steps we could follow for sample transactions.

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saurabh bharti 15,039 Moderator on at

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Hi ,

Hope this helps:

docs.microsoft.com/.../3-postdated-check

community.dynamics.com/.../d365-finance-and-operations-post-dated-checks-pdc

As per my opinion both clearing account should be Balance sheet, Received one it should be asset(receivable) and issue it should be Liability (Payable)

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Sheela Ningappa on at

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Hi,

This link might also help:

docs.microsoft.com/.../postdated-checks

Thanks,

Sheela

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Hossam Z. EL Hassan 12 on at

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Thanks for information.

Is there an advantage to using a clearing account and a bridging account. The docs vedio mentioned that it could be implemented without these.

Just wanted your experience on this.

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Hossam Z. EL Hassan 12 on at

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Hi,

I just tried to register a vendor payment journal but the information in the post dated check tab is disabled.

What I am trying to do is to follow the steps on Docs and enter the post dated check information like check number

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Hossam Z. EL Hassan 12 on at

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Hi,

Also wanted to add, how can we set the maturity date for the post dated check. Is it in the same disabled screen.

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Hossam Z. EL Hassan 12 on at

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Thanks Saurabh, what is the Main account type, and Main account category for a bridging account.

I have noticed that we need to enable this option in the method of payment, inorder for the post dated checks tab to enabled in the payment journal screen.

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saurabh bharti 15,039 Moderator on at

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Hi Hossam,

This should be Asset or balance sheet account. This holds up the amount as pending not posted.

Here you can find more:

docs.microsoft.com/.../bank-management-workspace

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Hossam Z. EL Hassan 12 on at

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Thanks Saurabh.

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