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What is the difference between Entry Date and Posted Date on an Inventory Transaction

What is the difference between Entry Date and Posted Date on an Inventory Transaction

Aug 05, 2022
Description of Issue

What is the difference between Entry Date and Posted Date on an Inventory Transaction? 

Context

Inventory Management 

Cause


Resolution
  • The Entry Date is the day in which the transaction was entered 
  • The Posted Date is the day in which the transaction was posted to the General Ledger 
Additional Information

The default value for the Entry Field is the current date