Enter the date the payment should be posted to the customers account in this field.

 

•This field will default to the current system date. (See Hot Tip below).

 

•All reports dealing with cash receipts, including Cash Receipts and Deposit Slip, are driven by this date.

 

When the supplied "Apply Date" fails either the "Last Closed" or "Last End of Day" tests, it was simply set to "System Date" without any further validation. But if “System Date” had been set to a value prior to either one of these dates there is a problem.

 

The process will now make sure that "System Date" also passes the "Last Closed" and "Last End of Day" tests. If “System Date” also fails these tests then the default date for the receipt will be set to the failed date plus one.

 

So if, for instance, "System Date" has been set prior to the "Last Closed" date then the default "Apply Date" will be the "Last Closed" date plus one.