{"id":13140,"date":"2018-06-18T05:05:21","date_gmt":"2018-06-18T10:05:21","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sagex3\/?p=13140"},"modified":"2023-10-17T09:28:21","modified_gmt":"2023-10-17T09:28:21","slug":"how-to-setup-pdc-postdated-cheque-in-sage-x3","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sagex3\/2018\/06\/18\/how-to-setup-pdc-postdated-cheque-in-sage-x3\/","title":{"rendered":"How to setup PDC (Postdated Cheque) in Sage Enterprise Management"},"content":{"rendered":"

In a live scenario, there is always a possibility with your customer regarding the management of postdated cheque that is received from the Business Partner. The post-dated cheque is not payable till the date which is shown on the face of the document.<\/p>\n

This facility will allow us to allocate the cheque amount in a different account and not bank account on a particular date and later on the date of the cheque, the amount will be transferred to bank account.<\/p>\n

Below is the setup that can be done in Sage Enterprise Management (Sage X3) for postdated cheque management.<\/p>\n

    \n
  1. Create a GL Account for PDC Receipt, and then a Journal Code.<\/li>\n<\/ol>\n

    \"GL<\/a><\/p>\n

    \"Sage<\/a><\/p>\n

      \n
    1. Link the Journal Code to the Bank Code by choosing the Journal Type as \u201cCheck to Cash\u201d.<\/li>\n<\/ol>\n

      \"postdated<\/a><\/p>\n

        \n
      1. Create a New Payment Entry Type for PDC Received,<\/li>\n<\/ol>\n