Assuming 30 days credit period, invoice issued on 01 January. At what date should the cheque be issued assuming 2 days cheque clearing process time?

Question added by Muhammad Hamid , Manager Accounts and Taxation , Stancos Private Limited, Plastech Products Private Limited and Nature Sciences Private Limited
Date Posted: 2014/05/06

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by Deleted user

29 jan

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by Ali Al Ayesh , Senior Accountant , AES Arabia LTD

29 January is the right date to issue the cheque

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Assuming 30 days credit period, invoice issued on 01 January. At what date should the cheque be issued assuming 2 days cheque clearing process time?

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