How to Handle Post Dated Cheque in Odoo 16 Accounting | Odoo 16 Accounting Tutorials

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Game:
Accounting (2016)
Category:
Tutorial
Duration: 15:07
241 views
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Financial balance is regarded as the backbone of an organization. When a firm deals with sales or purchases, practical accounting is required. As a result, customers can make a variety of payments. #odooaccounting

Customers can pay the billed amount in cash or via bank transfer. Dealing with cheques is not as simple as dealing with other forms of payment. If the consumer sends a cheque, the payment is only applied to our company's account on the cheque date. As a result, handling such inspections in accounting is a challenge. #odoofunctionalvideos

The Odoo assists in the effective management of these operations. If a consumer writes a cheque to us for a future date, the cheque is referred to as a Post Dated cheque (PDC). Before the date indicated on the cheque, it can be cashed or deposited. #odoo16

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