Goodwill Learning World: Post dated Voucher Entry in Tally (PDC Cheue Entry)

Post Dated Cheque Entries in Tally

While entering vouchers, you can mark them as post dated, as a result these vouchers are not updated in the ledgers till the date specified in the voucher. This is useful for entering transactions that take place on a regular basis. For example, if you issue post dated Cheques towards payment of installments, you can set up the payments in advance, and Tally.ERP 9 will only update them in the ledgers on the due date.

Main features of Post-Dated Cheque (PDC)

You can manage all the receivables/payables considering the impact of receipt/ issue of post-dated cheques along with real time accounts.

This will aid you to plan your cash flows.

You can eliminate the need for additional transactions at the time of realization.

Avoid delay in revenue realization by presenting the PDCs in time.

Post-dated Vouchers Register

All Post-dated vouchers are maintained in Post-dated voucher Register.

Go to Gateway of Tally> Display> Exception Reports> Post-Dated Vouchers

Difference in the treatment of Post-dated Vouchers and other

Unconventional Vouchers.

The major difference between post dated vouchers and other Unconventional vouchers is that post dated Vouchers affect regular books of accounts on the date of the voucher. Post-dated vouchers are not available for selection in Scenarios.

Creating a Post-dated Payment Voucher

You can record a payment transaction by creating a post-dated voucher. You need to select the T: Post-Dated option in the voucher creation screen and then record the entries.

To create a post-dated voucher:

1. Go to Gateway of Tally > Accounting Vouchers > Payment.

2. In the Voucher Creation screen, click T: Post-Dated. The voucher will be marked with the words Post-Dated as shown below:

Displaying Post Dated Vouchers

Post-dated Vouchers Register

All Post-dated vouchers are maintained in a Post-dated voucher Register.

Go to Gateway of Tally > Display > Exception Reports >Post-Dated Vouchers.

Including Post-dated Vouchers in Ledger Vouchers Report

Using the ledger option under the Accounts Book in Tally.ERP 9, you can include post-dated vouchers in the ledger voucher report.

To include post-dated vouchers in Ledger Vouchers

1. Go to Gateway of Tally > Display > Account Books > Ledger.

2. Select the required Ledger. The Ledger Vouchers screen appears.

3. Press Alt+L to include the values for post-dated transactions in the report. The voucher number of these transactions will have the prefix (Post-Dated), and the period of the report will automatically include the date of the post-dated transaction.