Setting the Invoice Date (Build 3438)

When either generating cash sale invoices or running a credit invoicing batch, there is a ledger (company) setting to determine which date is used as the invoice date.


Tax Point Date


If a VAT invoice has been issued within 14 days of the supply, the tax point will be the date of the invoice.

If a VAT invoice has been issued 15 days or more after the date of supply, the tax point will be the date of supply.


Invoice Date


When the invoice is generated the current date will be set as the date of invoice


Supply Date


Whenever the invoice is generated the #supplydate (date of delivery or collection) will be set as the date of invoice.


Setting the Invoice Date criteria

In Settings > Organisation Settings > Financial Ledger Settings

Double click on the relevant Ledger

Select the 'Invoicing' tab

Select the desired option from the drop down 'Invoice date basis'





NOTE: This will apply to future generated invoices, but will not adjust the invoice date on existing invoices.


#Build3438 #March2021

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