Hi
We can handle the post dated cheque issue through configuring a special GL indicator. We need to create a special gl indicator for this purpose in the similar way we create for Down payments. We need to select Noted items while creating this indicator.
On receipt of the post dated cheque it can be accounted through Statistical postings (F-38) against the customer. On the due date of cheque when the cheque is presented for payment in bank, the actual entry has to be made debiting bank and crediting customer. The statistical posting earlier made has to be reversed through transaction code F-19.
The purpose of such accounting is to make further supplies to the customer even though the credit limit is exceeded for the customer.
Hope it is clear. Please award points if found useful.
Regards,
K Lakshmanan
Bluesky
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