Explain the use of post dated vouchers
Meaning-
While
entering voucher you can make them as Post dated as a result these vouchers are
not updated in the ledger till the date specified in the voucher, this is
useful for entering transactions that take place on regular basis.
Uses of post dated voucher:
1- It is used by a company.
2- Entered with a specific date and get
automatically updated into account on mentioned
date.
3- These kinds of voucher are used to make
multiple entries easier.
4- It is used to show the discount rate or
exchange rate.
5- It help in maintaining the record by
automatically feeding the information.it allows
entries to be made easier.
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