Post dating invoices

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If an invoice is posted and not paid, you can revise it. You can change posted, unpaid invoices, but you cannot delete them. You cannot change the following key fields:. Copy the invoice and change these fields on the new invoice before you enter it then void the original invoice. Section 8. To remove a posted invoice from your general ledger, you must void it and then post the batch again.
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Post dating invoices

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Post dating invoices

A Sales Invoice is a bill that you send to your customers, against which the customer processes the payment. Sales Invoice is an accounting transaction. On submission of Sales Invoice, the system updates the receivable and books income against a Customer Account. To fetch the details automatically in a Sales Invoice, click on the Get Items from. Posting Date: The date on which the Sales Invoice will affect your books of accounts i. This will affect all your balances in that accounting period.
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Invoice processing

The Document date is the date which is appearing on the invoices. The document date is used to set the default due date based on terms and used for calculating the discount amount and also used for aging purposes. By using document date we can also print posting journals. The Posting Date is the date which is used to post the transaction in the General Ledger. The Posting date also determines the fiscal year and period to which the transaction is posted.
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Please contact customerservices lexology. Although backdating can be either legitimate or improper, it is often misunderstood and associated with wrongdoing. Backdating encompasses a broad scope of conduct ranging from blatant fraud to the legitimate and common practice of executing a document after the event has already occurred. This article provides a brief overview of how to distinguish legitimate backdating from improper backdating.

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