New Supplier PDC
New Supplier PDC records a post dated cheque you are issuing to a supplier. It captures the cheque number, bank, dates and amount, and puts the payment into the future-dated register so the money is expected to leave on the right day.
Where to find it
Go to Purchases > New > PDC.
What to enter
| Field | Description |
|---|---|
| Supplier | Who the cheque is being issued to. It cannot be left empty. |
| Cheque No | The number on the cheque. |
| Cheque Bank / Bank Account | The account the cheque is drawn on. |
| Date Issued / Cheque Date | When it was written, and the date it becomes payable. |
| Amount | Its value. |
| Memo | What the cheque settles. |
Check the balance available on the cheque date, not today. A cheque issued against money that arrives later only works if the money actually arrives — and a returned cheque to a supplier costs more than the charge.
The rest of the form
Field behaviour, validation and the collection cycle are identical to the customer form. The full reference is on New PDC, and the register on Supplier PDC.
Related pages
- Supplier PDC — the register
- New PDC — the full field reference
- Cheque Settings — the GL accounts