Issue within Accounts

[Former Member]

Dear All,

Presently my client is having a querry that when my client issues a PDC Cheque to hisVendor, only on that date his Bank Account should be Credited and the Vendor should be Debited.

Hence is there is any way I maintain the same way within SAP B1 System.

Regards

Hitesh Parsawala

[Former Member · Accepted solution]

Hi Hitesh........

There is a work around for this.......

You can save such PDC payment to vendor in Draft so that you can get the track which PDC of which matured date you have given to vendor.

When it gets matuared you can get it populated by Alert and can make it finally posted into the system.

Regards,

Rahul

[Former Member]

N o, logically speaking as per accounting is concerned, his bank account and vendor liabilty must get updated in SBO as soon as out going document is posted. If your customer is issuing a post dated cheque to the vendor, then you can create a clearing account in the system, check should be issued from clearing account and when the bank clears cheque in that case you can post the adjustment entry, but this will amke reconcillation a nightmare for the client accounts department.