What is the difference between Post Date and Posted Date? : complete management software

What is the difference between Post Date and Posted Date? Print

Modified on: Wed, 25 Sep, 2024 at 4:09 PM

In financial statements, the post date is the date a transaction is posted to the general ledger, while the posted date is the date the transaction was actually posted:

Post date - The date a transaction is posted to the general ledger. This date determines the fiscal period in which the transaction appears on financial statements.
Posted date - The date a transaction is actually posted to the system. This date is the system date, not the user date.

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What is the difference between Post Date and Posted Date? Print

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