Posting Date
The posting date is used to record the date the documentwas applied to another transaction and when it is actuallyposted to General Ledger. It does not affect the determination of the discount or the days to pay statistics.
Accounts Payable also uses this date to select the default fiscal year and period to which the transaction is posted. (You cannot change to another year or period.)
The default posting date that appears depends on your selection for the Default Posting Date option on the A/P Options form.
Note: If you consolidate G/L transactions, the posting date for consolidated entries is the last date of the fiscal period.