Does the physical Inventory adjustment date equal the GL date ?
Need your assistance please.
I am trying to confirm the significance of "adjustment date" while posting the adjustments of physical inventory. I believe the adjustment date field equals the general ledger journal date, but cannot locate any documentation confirming this as correct.
Reason I am trying to confirm – the physical inventory task for FY24 is scheduled late this year and the end users may not be done until after 9/30/24.
I need to know with certainty that if the counts and adjustments are done after 9/30/24, the adjustment journal will have 9/30/24.
Below is the form where the Adjustment Date field is available.