Supplier PDC
Supplier PDC tracks post dated cheques you have issued to suppliers. It is the payables side of the same register — cheques written now against a future date, followed from issue through to the day they clear your account.
Where to find it
Go to Purchases > PDC. Record a new one from Purchases > New > PDC.
What differs from customer PDC
| Customer PDC | Supplier PDC | |
|---|---|---|
| Direction | Cheques you receive. | Cheques you issue. |
| Party | Customer. | Supplier. |
| Total shown as | Cheques Receivables. | Cheques Payables. |
| Risk | The cheque bounces and you chase. | The account is short on the day and yours bounces. |
Read the payables total against your bank balance, not on its own. A month with several large cheques falling due is a cash flow problem you can see coming — but only if you look before the dates arrive.
Everything else is the same
Statuses, filters, columns and actions work exactly as on the customer side, including endorsement. The full reference is on PDC, and the entry form on New PDC.
Related pages
- PDC — the full reference
- Cheque Settings — the GL accounts
- Supplier Payments — settled payments