Understanding Dates

The system enables you to generate invoices independently of creating final journal entries. You assign the invoice and G/L date at the time that you generate invoices. You can revise the G/L date, the invoice date, or both before creating final journal entries.

You use this function when the amount of time between the original date assignments during invoice generation and the creation of final journal entries could cause a misrepresentation of aging information in the accounts receivable ledger.

Note: You can revise override dates only for invoice batches, not for revenue batches.

You use a billing constant to specify when the system displays the Date Override Window form when you run the Journal Generation program (R48131). You can set the constant so that the system:

• Always displays the window.

• Displays the window only when you select Date Override from the Row menu on the Work With Batches form.

• Never displays the window.

The date that the system displays in the Date Override window is always the current system date.