Our team can help the clients by creating a cash flow forecast that takes into account the expected dates of presentation or clearance of the post-dated cheques and cheques under collection. They can also advise the clients on the best strategies for managing their cash flow and avoiding any potential overdraft or insufficient funds fees.
Our team can help the clients track their post-dated cheques and cheques under collection by regularly reviewing their bank statements and accounting records. They can also work with the clients to reconcile their accounts and ensure that all cheques have been properly accounted for.
Preparing and organizing of a statement of post-dated cheques (PDC) and cheques under collection: refers to the process of creating a formal record or document that lists all the post-dated cheques and cheques that are currently under collection.
The statement typically includes information such as the cheques number, date, amount, payee, and the expected date of presentation or clearance. It helps in managing cash flow and ensuring timely payment or collection of cheques. The statement can be used as a reference while reconciling accounts or preparing financial statements.