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Difference between post date and value date?
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Answer / orly dias
Posted date is the date the asset is recorded inb your
system and stored.
Value date is the date on which the asset or liability
becomes of value.
E.g. Cheques when submitted for clearing are posted in your
system and date is posted date. The value date of the
cheque is only once it is cleared and value is realised and
the money comes into the account and hence value date.
| Is This Answer Correct ? | 30 Yes | 1 No |
Answer / vishal
Posting Date:- For Payments is date when Payment document is posted in SAP. This is normally the date the document is posted in SAP.
Value Date:- Is the date when the payment was actually received or paid by Customer.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / suburam
Post Date is also date but its represent Future date
Value Date is a date its represent Previous or current date
| Is This Answer Correct ? | 5 Yes | 25 No |
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