Backdate Transactions to a Closed Period

Backdating a transaction is entering a date that is prior to the current date. For example, today is July 1, 2021 and I enter an invoice with the date June 1, 2021. That invoice is backdated.

If you back date a transaction to a date within a closed period and then later reopen that closed period, a cost recalculation occurs.

Best Practice

If you back date a transaction to a date within a closed period, you must first open the closed period before saving the backdated transaction.

Related Topics

Underwater Sales

Not Entering a Purchase Price

Reopen a Closed Period

Custom Scripts

FIFO/LIFO Costing on the Inventory Adjustment Worksheet

Revalue Standard Cost Inventory and Backdate

Stand Alone Credit Memo

Backdate Item Distribution

Troubleshoot Inventory Costing

General Notices