Understanding "as of" dates
The "as of" date feature gives you a way of viewing records. You can view the same record as it was in the past, as it is today, and as it will be in the future. By specifying an "as of" date in the lower-right hand corner of a record, you can view that record as it existed for any point in time.
The application lets you view past, current, and future records, but you can only make changes to a current or future record (not to a past record).
The "as of" date controls the records or field values that are to display. For past or future records, the application uses the information in the audit log to determine what records to display.
The following example shows which records display, based on the "as of" date you select.
Example
Assume today is January 1, 2004. You have set up an employee's pay rate to change on January 1 for these years:
| Type of date | Effective date | Pay rate |
|---|---|---|
| Future | January 1, 2005 | 50,000 |
| Past | January 1, 2003 | 30,000 |
| Past | January 1, 2002 | 20,000 |
| Past | January 1, 2001 | 10,000 |
The following explains what displays, based on how you set the "as of" date. If the "as of" date is:
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Current - the pay rate for the employee shows as $30,000.
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February 1, 2005 - the pay rate shows as $50,000.
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June 1, 2002 - the pay rate shows as $20,000.