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Use of Future dated payments?

Answer Posted / swathi

Future dated payments is a feature in payables to make the
payments which are future dated

for this first you have to define a bank and bank accounts
and in payable documents, allow future dated payments.

Schedule a payment for a future date using the payable
documents enabled for future date.

Send it to your supplier

your supplier deposits it in a bank

The bank releases the payment on maturity

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