Transaction types and accounting dates

Transaction types group activity and provide posting and numbering defaults. Review the default account, numbering line and rule: manual, on creation or after posting, according to configuration.

Separate types can distinguish activities needing different accounts or sequences.

Date	Use
Document date	Date on the source business document.
Due date	Expected payment date for outstanding amounts.
Posting date	Accounting period and ledger reporting.
Tax-applied date	Tax period and tax locks.

Issue, payment and posting need not occur on the same day. Check the date relevant to the report or lock being investigated.

See Period locks and corrections.