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What else can I help you with?
Can you cash your check for January 3rd today the 31st?
No, a check dated in the future is a post dated check. Banks won't knowingly cash a post dated check.
What is a post-dated journal entry?
Debit accounts payable / expensesCredit bank
What is the journal entry for post dated cheque is received?
debit bankcredit accounts receivable
Journal entry for post dated cheque?
Debit expenses / accounts payableCredit bank
Are post dated checks followed by banking prodecures?
I cant share about every bank but i know that is a post dated check is presented at the bank i work at we will not honor it. That said, if a post dated check is dropped in the night deposit or ATM machine we really have no choice but to process it. It is technically illegal to write a post dated check.
What is the journal entry when post dated cheque issued to supplier?
debit accounts payablecredit bank
Is it legal to write a post dated check in Pennsylvania?
No. Writing a post dated check in Pennsylvania is perfectly legal as long as the person to whom you give the check does not submit it for cashing before the date you put on your check. For that matter, it is not illegal to write a post dated check in any country
Can you write a post-dated check?
Yes. You can write a post dated check. It is perfectly legal as long as the person to whom you gave the check doesnt submit it for cashing before the date you put on the check.
Can a bank pay a post dated check early?
No.
Is a post dated check illegal in Florida?
I worked in banking for years, and never heard of post dated checks being illegal.
Is it possible to have a post dated manager's check?
Yes, it is possible to have a post-dated manager's check, but it depends on the policies of the issuing bank. While manager's checks are typically considered guaranteed funds, banks may not honor a check that is post-dated. It's advisable to check with the bank to understand their specific rules regarding post-dating manager's checks.
What is the law on Post dated checks in Louisiana?
In Louisiana, post-dated checks are generally considered valid, but they may not be enforceable until the date on the check. The issuer of the check should communicate its post-dated nature to the recipient, as banks are not obligated to honor a post-dated check until the date specified. If a check is cashed before its intended date, the issuer may have grounds to dispute the transaction. However, it's advisable for individuals to consult legal counsel for specific situations or disputes involving post-dated checks.
