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Dynamics 365 Community / Forums / Supply chain | Supply Chain Management, Commerce / Accounting Date in Pur...
Supply chain | Supply Chain Management, Commerce
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Accounting Date in Purchase Order

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Posted on by Radha Gopie 20

What is the significance of the Accounting Date when creating a new purchase order?

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  • Verified answer
    Zain Mehmood Profile Picture
    Zain Mehmood 4,189 Most Valuable Professional on at

    Hi Radha Gopie,

    • Accounting date specifies the date which determines the period when budget validation is performed.
    • Whatever the date you select in this field the transactions are journalized in the GL.
    • If you enter a date in this field, it should be coming from a period which is opened in the GL.

    Please mark yes against the answer, if the answer was helpful. 

    Warm Regards,

    Zain  

  • Radha Gopie Profile Picture
    Radha Gopie 20 on at

    Thank you very much Zain ... this was very helpful

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