Recurring Posting Next Execution date issue

Hi Folks,

One of our client has come across deviation in the 'Next Execution date' in Recurring postings.

The Recurring Postings is set to Frequency =Monthly and set on 30th of every month. There is also Valid Until date mentioned which is given as

30.04.16.

But the problem shown is in the Next Execution date which by default will take the same day as set in Frequency -'On Date' while creating a Recurring Postings.Whenever we change the On date , the Next Execution date changes automatically to the same date. Example if 'On Date' is change from 26th to 27,the Next Execution Date will change from 26.06.14 to 27.06.14. It acts the same in vice-verse.

But in this case the "Next Execution date" is shown as 27.06.14 which should have been 30.06.14(set on date is 30th) otherwise. (Please find the screenshot).

This issue has also occurred for few other Recurring postings as well .

Can there be any reason for this issue to occur.

Thanks in advance for the feedback.

Regards,

Bharath