What should we enter in the Due Date field while passing a manual Journal Entry?
By default, the Journal Entry screen opens with Posting Date, Due Date and Document Date equal to the system date. If the user changes the Posting Date, the Document Date changes automatically but the Due Date does not change. User has to remember to manually change the Due Date.
Users are questioning us what is the use of the Due Date field in Journal Entry?
The Help file simply mentions: "The due date is the date on which the entry takes place. "
It is not clear from the Help file.
Can someone clarify with an example.
Due day, in general, it will only affect aging report, nothing else. But since most of the manual journal wont show up on aging at all. That's why in general, there is no effect.
And also, if you have any customized query to use Due Day to do some calculation, and then you will need to be careful.
I believe just passing the above information to your accounting, they should be able to understand what to do.