A PDCs (both receipts and payments) in Account21 are treated as different voucher types and they will have different voucher numbers.

Post dated cheques can be regularized either automatically or with manual intervention based on parameter set. If manual option is set, system will remind the user when some PDCs are ready for regularization.

An important feature is that PDCs can be entered for any future date, including dates beyond the current financial year. PDCs that don't belong to a particular financial year will automatically be transferred to the next financial year when the new financial year is created.

The post-dated cheques entered are normally not updated in the ledger, trial balance and receivable/payable report. To make the post-dated cheque update the ledger, trial balance and receivable/payable report select the option 'Display PDC entries in the reports' from the parameter settings. This is an optional choice that can be selected.

A separate report on post-dated entries is available to view the list of entries with different criteria (like Accountwise, Datewise, Pending, Regularized etc.) User can edit the post-dated entries at any time if there are any changes to be done before regularizing.

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