ACCPAC ERP and other applications give users the ability to assign the Transaction Posting Date to the user during data entry of a transaction, such as an AP invoice. Cash Receipts does something similar in that in so much as the Deposit Date is automatically assigned, so clearly code exists to take a field value and update the transaction based on that date.

Having control over this during data entry enables a user to place transactions belonging to several fiscal periods in one batch. This means they can sit down and work through a batch of, say AP invoices, and put all the entries into one batch instead of having to take the time to sort through the invoices, separate them into stacks based on fiscal period, then enter them in separate batches. It also means that if the clerk has put the transaction into the wrong batch (Fiscal Period), the invoice does not have to be deleted and rekeyed into another batch--the Transaction Date value just has to be edited.

I have worked with both MAS90 and ACCPAC for over 20 years and I could never fully understand the design benefits of MAS90's Transaction Date assignment when the whole batch is updated.

by: Brian C. | over a year ago | General Enhancements