The PDC in Presented state could be cleared if there is no issue or may get bounced if there is an issue like the insufficient balance or any other issues related to the client's bank account.
Say for an example PDC submitted by John got cleared and hence Bob an operational manager will update the status as cleared by clicking on the "Mark As Cleared" button and providing the Clearing date and description of the PDC. The only operation facilitated here is to reverse i.e., "Undo" the status if wrong entry has been done
...