Outrageously Funny Word Dictionary :: Postdated

👉 postdated is a term used in business and accounting to describe a transaction or action that has been executed but not yet recorded as an expense. It refers to transactions that are recorded only after the actual expenses have been incurred or paid, such as payments made on invoices, bills, or deposits. Postdated transactions can be significant for businesses because they may result in over-invoicing or under-invoicing and could lead to increased costs if not properly accounted for.

postdated