What is base line date? Why is that used? Can this be changed?
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Answer Posted / amit pasi
Base Line Date: what do you by base?
The foundation or starting point for something. Suppose goods delivered on 01.12.2017(staring point) then we start to accounting for GR [ Inventory a/c debit and GRIR credit in SAP] on date of 01.12.2017, hence we can assume this is our baseline date.
and Document Date is the date on which the original document (such as vendor invoice) was created.
And as per SAP system: Baseline date is date from which terms of payment is apply not payment date (due date). Most of time this will set as default during invoice process. because time of configuration of terms of payment on that time baseline date set hence during invoice processing this will display by default in payment tab. but sometime its not by default.. hence no controlon this thing during payment setup.
Document date: Invoice date
posting date: today date
baseline date: by default/or manual fill( no control setup during payment config)
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