Payment Date
Accounts Payable uses this date to:
- Assign the payment to aging periods on reports.
- Calculate any payment discount.
- Report the number of days to pay.
If you are recording a check that you have already issued, enter the date from the check.
If you are printing a check from Accounts Payable, this is the date that will appear on the check when you print it.
If you are entering an Apply Document transaction, the Payment Date field is not active. This field automatically defaults to the date of the document being applied.
This date appears as the Document Date in the Vendor Activity form and on reports that include payments and apply document transactions.