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How As-of date in Customer Statement Works

in Receivables & Collections 3 comments

Hi all. What is the use of parameter 'As-of date' in Customer Statement process. I got below note on it but not very clear. If I provide Oct 31 as Statement date and Oct 16 as 'As-of date', what data report is expected to fetch. What is the best practice in this regard?

Regards

Deepak

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