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Inventory : Query on Inventory Back dated Transactions

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Summary:

Dear Experts,

We have an query on enabling back dated transactions in inventory and we would like to understand the differences and how the following two profile options are related in controlling back dated inventory transactions.

Profile Option1: INV_TRANSACTION_DATE:

              It has values of 'No Validation'/'Use Current date'/'Validate Transaction Date' 'This profile option determines whether validation should be done or not.

   Explanation of values:

  1. No Validation: There will be no validation of date performed.
  2. Allow current date only: Validation will be performed and only current date will be allowed
  3. Validate transaction date: Validation will be performed and only current and future date within open costing period is allowed

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