Issue Post Dated Cheque (PDC)
How to Issue and Manage Post-Dated Cheques (PDC) in SwilERP
What's the meaning of PDC?
PDC is a short form for the post-dated cheque, which is given by an issuer to a recipient as a form of payment ahead of time. A post-dated cheque is one that the user can encase on a future date.
What makes a PDC different from a regular cheque?
A PDC, or post-dated cheque, is an advanced form of payment where the issuer provides a recipient with a cheque bearing a future date for encashment. While the format remains the same as a regular cheque, the only distinction is the future date written on the PDC, allowing the recipient to deposit it accordingly.
Here is the process to create PDC issue in SwilERP, do follow the below-given steps:-
Start with Login in the SwilERP dashboard to initiate the process:
Reference Window:
How to issue PDC to your vendor:
- After receiving your Cheque Book, if users want to issue PDC for their vendors, they can create it from the Payment section.
- Go to the Home tab.
- Select the Vendor name in the column, and the account name will automatically be filled.
- Now, in the Payment Mode tab, tick-Mark on the PDC.
- The cursor will automatically go to the Cheque tab.
- Enter the cheque amount in the Amount column.
- Select the cheque number from the Cheque column.
- Set the date of your PDC from the Date column.
- Select the Bank A/C to from the dropdown list.
- Click on the Adjust Invoice Tab.
- A new pop-up window will appear on the invoice list.
- Tick-Mark on the invoice against which you want to issue the cheque.
- Click on the OK.
Reference Window:
How to save this window:
- After selecting the invoice number, you'll see the invoice details in the below-given dialog box.
- You can select multiple invoices at your convenience.
- The last step is, Save the page with the given option.
Reference Window:
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