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24D Finance - Time Zone Update

in Receivables & Collections 1 comment

The legal entity time zone feature is enabled for our organization, with the Sydney time zone selected at the legal entity level for the Australian legal entity. Users from various regions, including the USA, Australia, and other countries, process transactions for the AU Operations Business Unit (BU). At the user level, respective time zones are assigned, such as PST for USA users and Sydney time zone for Australian users. We seek clarification on the following points:

Impact of not assigning a time zone at the legal entity level:

If no time zone is assigned at the legal entity level, can it be ensured that when a transaction is processed by a USA user, the transaction date, accounting date, and event processing date and time will reflect the PST time zone? Similarly, when a transaction is processed by an Australian user, will the transaction date, accounting date, and event processing date and time be in the Sydney time zone? Or will the transaction and accounting date default to Universal Coordinated Time (UCT)?

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