Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens if the Expenditure Items have several lines with different dates, will this cause an out of balance entry in GL?

Balance cause dates different expenditure GL happens items
0
Posted

What happens if the Expenditure Items have several lines with different dates, will this cause an out of balance entry in GL?

0 CommentsAdd a Comment

1 Answer

0

Both GL and GA record the expenditure item date and the GL date. The GL date is equal to the accounting date, i.e., when the transaction was posted.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.