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Forum Post: Payables Posting Date

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I want to make sure I have this correct so please correct me if I am incorrect.

Let's say it's June 5 and I get an invoice for services rendered in May

The invoice is dated June 1st.  So I have 3 dates at this point

June 5th: current date and date invoice received

June 1st: Date on invoice

May: period services rendered.

I go to Payables Trx Entry:

Doc Date: set it to June 1st, date on Invoice so it ages correctly

Click the blue expansion arrow and change the Posting Date

Set Posting Date (GL Posting Date) to May 31st (or any date in May) since the services were rendered in May and I want to follow the Matching Priciple. This assumes May period has not be closed.

Now, depending on how I have the Posting Date From set in Posting Setup for Payables Trx Entry window determines what I do next.  If the setting is Posting Date From Batch, and I save this trx to a batch and the batch has a June date, even tho I changed the Posting Date on the transaction to May, saving to a June dated batch will override this change and this trx will post to the GL in June – not what I wanted.

So if the Posting Date From Batch I either have to create a new batch with the Posting Date of May or post the transaction individually, not in a batch.

Do I have this correct?


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