Important dates for general ledger distributions

These are key dates in Accounts Payable that are important for creating general ledger distribution records.

Post Date	Determines the posting date of expense and accrual distributions for an invoice. If an invoice has use tax distributions applied, the distribution date is the posting date for the use tax expense and accrued tax liability distributions.
Payment Date	Determines the posting date for cash, accounts payable, discount, and reportable income accrued withholding distributions. The payment date is assigned in the payment creations forms. You assign a payment date to manually paid invoices when you apply the manual payment number to the invoice.
Void Date	If you void a payment through the Cash Management application, the void date you define is the date the reversing payment distributions post to the general ledger. Invoice Reinstatement (AP190) transfers void payment distributions to the General Ledger Transaction file.
Cancel Date	This is the posting date for the reversing expense and accrued liability distributions of a canceled invoice. You define a cancel date in Invoice Cancel (AP30.4) when you cancel an invoice.