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What is PDC Functionality in Dynamics AX 2012 about?

Microsoft Dynamics AX 2012 introduces new functionality for processing post-dated checks (PDCs) in accounts receivable and accounts payable modules. The new PDC functionality allows users to: 1) enable or disable PDCs globally and set up clearing accounts; 2) create payment journals and enter check details like maturity dates when receiving a PDC; and 3) view, settle, and send matured checks from a central PDC form. The PDC functionality facilitates separate clearing accounts, settlement against multiple tr

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Namiz2012

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EN