Explain the uses of post dated voucher?
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While entering vouchers, you can mark them as post dated , as a result these vouchers are not updated in the ledgers till the date specified in the voucher. This is useful for entering transactions that take place on a regular basis.
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Post-dated vouchers are used by companies by feeding it to a accounting/tally software. ... These vouchers help in maintaining the records by automatically feeding the information- it allows the entries to be made daily.
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