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A Canadian bank, for example, is not supposed to process a post-dated cheque and if it does so by mistake, the cheque writer may ask their bank to correct the error. In the United States and the UK, post-dated cheques are negotiable instruments and can be drawn upon at any time, while in India and Australia post- dated ...

Backdating is the practice of marking a document, check, contract or other legally -binding agreement, with a date that is prior to what it should be.

Apr 26, 2007 ... Whenever I write about backdating, many people write in to tell me that backdating's not illegal; you just have to account for it correctly. Since…

If you stamp them when you receive them, then he is late. The date he puts on the check is meaningless under these circumstances.

Apr 4, 2011 ... Some of them react by “back-datingchecks to suppliers or business partners so as to pad their deductible expenses. In other words: a company that pays for consulting might write out $5,000 worth of checks to them today, but use a date from December. This way, the check appears to be an expense from ...

Backdating cash and check transactions. You may frequently receive transactions, such as product orders, membership joins, and event registrations, through the mail or over the phone. In these cases, the payment is often deposited before a staff member can enter the transaction into iMIS, but you need the transaction date ...

Mar 5, 2018 ... A postdated check offers the promise of controlling the uncontrollable: As time marches forward, you may wonder what the date on a check really does. Whether you received a postdated check or you're thinking of writing one, it's important to know how they work — and that they often don't work the way ...

Mar 12, 2014 ... For instance, if you'll be out of town when rent is due, but don't have the funds to pay rent early, you might postdate your check. However, keep in mind that it is illegal to intentionally write a bad check; if you're postdating it with the intention of canceling it before the date, or if you know for certain that you ...

Back-dated checks are sometimes written accidentally in January, because the writers have forgotten the year has changed. Most banks will allow a grace period for accepting these checks. Magazines: starting a magazine subscription with an issue prior to the current issue being served; also called back start. Back dating ...

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