What is Functionality of Date Avilable?

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

What is Functionality of Date Avilable?

Post by nadh.oracleapps@yahoo.com »

Dear Members,

What is GL Date, Receipt Date and Applied Date.

What it is Going to Effect?...

Thanks
oteixeira
Posts: 451
Joined: Wed Aug 27, 2008 12:34 pm
Location: Portugal

Post by oteixeira »

Hello.

The GL Date is the date when the receipt is accounted and can be different from the Receipt date. The applied date is the date when you applied a receipt to a transaction, which can also be different from the GL date applied (receipt application accounting date).

Octavio
nadh.oracleapps@yahoo.com
Posts: 63
Joined: Sat Nov 21, 2009 6:59 am
Location: India

Post by nadh.oracleapps@yahoo.com »

Hi Oteixeira,

Applied date will change the Customer Outstanding Balances.

Thanks
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