Register and post a postdated check for a vendor

Note

We will not be accepting edits to this topic, because it is generated from a business process in Lifecycle Services.

You can register the details of a postdated check before you issue the check to a vendor by using the journal voucher. You can also post the postdated check and generate financial transactions. Before you register and post a postdated check from a vendor, complete the following task:

Set up postdated checks in the Cash and bank management page.

The role of this task guides is Treasurer. This task uses the USMF demo company.

  1. Go to Acounts payable > Payments > Payment journal
  2. Click New.
  3. In the Name field, type 'VendPay'.
  4. Click Lines.
  5. In the Account field, specify the desired values.
  6. In the list, mark the selected row.
  7. In the Debit field, enter a number.
  8. In the Method of payment field, click the drop-down button to open the lookup.
    • Select the method of payment for the postdated check
  9. In the list, find and select the desired record.
  10. In the list, click the link in the selected row.
  11. Click the Postdated checks tab.
  12. In the Check number field, type a value.
    • Enter or modify the number of the postdated check.
  13. In the Issuing bank name field, type a value.
    • enter the bank details for the issuing bank.
  14. Click the List tab.
  15. Click Post.
  16. Close the page.
  17. Click the Postdated checks tab.