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Former Member
Oct 17, 2008 at 03:35 PM

Confusion about posting, due, doc date


Hello there,

I am very confused by dates used in SBO documents, could anyone please explain for me?

For example,

We receive an invoice from supplier, which is dated on 1st Oct. And then we input it into SAP on 5th Oct.

Based on the payment term, say 30 days, we should pay it by the 4th of Nov (1st Oct +30 days).

So ...

Which is posting date, due date and document date?

As I believe, posting date is 05/10 (as we posted it), due date is 04/11 (when the invoice is due), document date is 01/10 (as the date is on the document). Is that wrong?

If I am right, then

why is that most of reports don't show "document date" but only posting date and due date, such as BP balance, bank reconciliation.

Another example is Cash discount defination, it uses "Days After Posting Date" to calculate discount ...

Hopefully, I am not wrong ...

Edited by: Y on Oct 17, 2008 5:36 PM

Edited by: Y on Oct 17, 2008 5:36 PM