A postdated check is simply a check that has been written with a future date. It’s a way to ask the payee not to cash the check until the indicated date. This is commonly done to help ensure that the check amount is not withdrawn from the account until additional funds can be deposited.
To handle uncleared cheques without impacting your financial statements, enable the Off-Balance-Sheet Accounting of Cheques option in the Administration > Settings > Money form.
The main types of documents used for handling cheques are cheques Received, Cheques Issued, and Cheque Cancellations.
For example, let's create a new Cheque Received document.
Choose the GL in the additional information tab
