Financial Management - PSFT (MOSC)

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Basis Date Type - Receipt

edited Aug 2, 2013 10:42AM in Financial Management - PSFT (MOSC) 1 commentAnswered
We are new to PeopeSoft and I need to know if the Basis Date would be updated given the example below.

A Voucher is created with a Basis Date Type of Receipt.  The Receipt has not yet been entered into PeopleSoft.  PS forces you to choose a Basis Date at the time of Voucher creation.  Let's say that 2 weeks later the Receipt is entered.  Matching is run and the Voucher is Matched.  I would lilke to know if the Basis Date is recalculated and updated with the Receipt's creation date and the Payment terms are also recalculated.  Our business has a policy of paying an invoice on the later of the Invoice received date or the Receipt date.   We thought

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