Hi Readers,
As Business Central 2023 Release Wave 2 Preview is announced.
In this series we will discuss all features in detail.
In this article we will discuss regarding - Posting Date vs. Document Date Relationship.
With this feature -
- The Document Date must align with the date on the sales invoice that you sent to the customer, or with the date on the purchase invoice that you received from your vendor, so that Business Central can correctly calculate finance charges and the amount due.
- The Posting Date shows when a document was registered in Business Central. Many accounting standards and regulations require businesses to accurately record and report financial transactions based on the date they occurred.
- Depending on your business processes, these dates might not be the same. To give you the flexibility you need, the Link Doc. Date to Posting Date setting on the Sales & Receivables Setup and Purchases & Payables Setup pages lets you configure your sales and purchase processes accordingly.
Demo Video -
Let me know your views in comment to this article.
Regards,
Saurav Dhyani
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