Post Dated Cheque Management

by
Odoo

59.28

v 11.0 v 12.0 Third Party 17
Live Preview
Required Apps Sales (sale_management)
Invoicing (account)
Lines of code 585
Technical Name sr_pdc_management
LicenseAGPL-3
Websitehttp://sitaramsolutions.in
Also available in version v 11.0 v 13.0
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Required Apps Sales (sale_management)
Invoicing (account)
Lines of code 585
Technical Name sr_pdc_management
LicenseAGPL-3
Websitehttp://sitaramsolutions.in
Also available in version v 11.0 v 13.0

Post Dated Cheque Management

Post dated checks can also be used for payment in the realization for the Line of credit . Security checks are used only when the account becomes non-performing.Managing accounts using post dated checks is very complex and important, as it has significant bearing on the servicing operations. If the PDCs due for clearing are not sent as required, the repercussions are huge. The lending institution loses its payment from the customer and may levy penalties such as late fees and insufficient funds charges which can lead to customer dissatisfaction. Hence, the utmost care should be taken while servicing the Line of credit accounts using PDC. The PDC process begins with the sorting of checks received from various account holders. They are segregated by Line of credit product and location before being vaulted in conduits at the centralized location or PDC center. This sorting enables the lending institution to quickly retrieve the PDCs with relevant date and send them for clearing.

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Module Features
  • Manage Post Dated Cheques From Customers
  • Manage Post Dated Cheques From Vendors
  • Post Dated Cheques Reports
  • Manage Post Dated Cheques stages i.e Draft,Register,return,deposit,bounce,done and cancel
  • Manage Journal Entry
  • 50 days Free support

Select PDC account for customers and vendors

Customer invoice flow for post dated cheques

Create and validate customer invoice where you will see "Register PDC cheque".

You can register your cheque in system.

Post dated cheque menu where you can see all your PDC cheques

Customer PDC registered cheque, In registered stage, you can have option for return, deposit, and cancel.

If your cheque return for any circumstances like wrong signature, lack of informations or lack of amount. In return stage, you can have option for re-deposit or cancel it.

Deposit your cheque in bank at that time journal entry will create. In deposit stage, you can have option for done or bounce.

If your cheque is bounced in any circumstances then reverse journal entry will generate. In bounce stage, you can have option for re-deposit cheque or cancel it

If you re-deposit your cheque then again journal entry will generated and you can have option for done or bounce .

If everything is fine with your deposited cheque then you can click on done button.

Here,you can see the journal entry(stock move).

Here,you can see journal items(stock move line).

Vendor invoice flow for post dated cheques

Create and validate Vendor bill where you will see "Register PDC cheque".

You can register your cheque in system.

Post dated cheque menu where you can see all your PDC cheques

Vendor PDC registered cheque, In registered stage, you can have option for return, deposit and cancel.

If your cheque return for any circumstances like wrong signature, lack of informations or lack of amount. In return stage, you can have option for re-deposit or cancel it.

Deposit your cheque in bank at that time journal entry will create. In deposit stage, you can have option for done or bounce.

If your cheque is bounced in any circumstances then reverse journal entry will generate. In bounce stage, you can have option for re-deposit cheque or cancel it

If you re-deposit check at that time again journal entry will generate and you can have option for done or bounce

If everything is fine with your deposited cheque then you can click on done button.

Here,you can see the journal entry(stock move).

Here,you can see journal items(stock move line).

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Awesome utility
by
RAMACOM
on 9/23/19, 10:18 AM

Very Good Utility . with help of this utility you can easily manage all your PDC Payments. I am very think for giving me options for Vendor as well . so i am able to manager Supplier payment PDC . I will give 5 Starts to it .

Re: Awesome utility
by
Hiren Patel
on 9/24/19, 9:42 AM Author

Thank you so much sir for your comment, your words means lot to us. It keep motivates us.


Interested
by
ALTAF SAADI
on 9/1/20, 1:46 AM

Hello,

Will this work with a Multi-Company setup?

We are using Odoo13 SH,


Re: Interested
by
Hiren Patel
on 9/1/20, 2:26 AM Author

Hello Altaf,

yes it is work very well with multi company setup.

if you are facing any issue then you can write us at

Email: info@sitaramsolutions.in

Skype: contact.hiren1188

our support team happy to help you.


is it available in V10
by
USA Odoo Expert
on 5/9/20, 9:31 AM

Will this module work in version 10 ?

Re: is it available in V10
by
Hiren Patel
on 5/9/20, 10:18 AM Author

Yes, sir, we have a module in version 10. if you want demo or want to know more about this module then you can connect with me on skype Skype: contact.hiren1188 Email: contact.hiren1188@gmail.com


PDC is very Important in ERP implementation and they help us lot to satisfy our customers
by
Omer Iqbal Mallick
on 11/22/19, 5:56 AM

Thank you for all your help. Your service was excellent and very FAST. Many thanks for you kind and efficient service. I have already and will definitely continue to recommend your services to others in the future.

Re: PDC is very Important in ERP implementation and they help us lot to satisfy our customers
by
Hiren Patel
on 11/22/19, 12:25 PM Author

Hello Sir, Thank you so much sir for your review, your words means lot to us. It keep motivates us.