Hi All,
When placed a purchase requisition, there is a field named Accounting date. Based on my brief research, that date is for budget.
At what point does this date matter? At the point of Product Receipt? I would think at that point, it hits GL (inventory account for example), then it links to budget. Budget has a cycle which is the date range. So the Accounting date determine which budget cycle this PO falls into? Is this the purpose of the Accounting date? Could somebody share your thoughts? Thanks so much!
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