Post-dated checks are a widely and commonly used business practice. Post dated checks are checks which are delivered now with a date in the future, so that it cannot be cashed until that date. Microsoft Dynamics AX 2012 introduced the PDC functionality in both AR and AP modules which is fully integrated with check printing, banking and payment settlements functionality.
A lot of people are certainly aware about the creation of post dated checks, however most of them get confused over the accounting...(read more)![]()
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