Configure and process postdated checks in Dynamics 365 Finance

Module
7 Units

Advanced

Functional Consultant

Business User

Dynamics 365

Finance

Postdated checks are checks that are issued to make and receive payments on a future date. Therefore, the check can't be cashed until the specified date. Dynamics 365 Finance supports the full management cycle for postdated checks in both accounts receivable and accounts payable.

Learning objectives

In this module, you will learn how to:

Process postdated checks.
Set up postdated checks.
Register and post a postdated check for a customer.
Settle a postdated check for a customer.
Register and post a postdated check for a vendor.
Settle a postdated check for a vendor.

Prerequisites

General knowledge of Microsoft Windows
Basic understanding of finance and accounting processes
The ability to use Finance for basic processing
General knowledge of basic navigation in Finance
General understanding of purchase order invoicing
General understanding of sales order invoicing

Introduction min
Set up postdated checks min
Process a postdated check min
Exercise - Set up a postdated check min
Exercise - Register the details of a postdated check for a customer and vendor min
Check your knowledge min
Summary min