Dear @lubos It would be very important to consider adding to all modules (sales, purchases, payroll, etc) a field to choose from or write down the accounting record date of the economic event. This in order to comply with the accrual accounting principle for those who do use it. Thank you!

why not create and use a custom field of date type?

That is what the Date field is for, regardless of when you actually enter the transaction.

[image] clive: but the “date type” custom field does not actually function as a date type - one can enter anything. not sure what you mean by this. if you set it as date type it shows as expected. [image] [image]

I don’t understand why there even needs to be custom field to capture “accounting record date”. To me, invoice date is “accounting record date” on accrual basis.

I have my custom field in the line item - don;t know if I set it up correctly but I can enter anything in the custom date field. [Screen Shot 2021-12-13 at 5.45.22 pm] [Screen Shot 2021-12-13 at 5.45.03 pm] [Screen Shot 2021-12-13 at 5.47.53 pm]

form custom fields and line item custom fields are different. the line item custom fields do not yet support all the types even though it is available to select when creating them. this is something which is yet to be implemented.

OkeyDokey - thanks for clarification.

@Lubos The idea is that an option can be implemented in the generation of reports that allows them to be viewed by accounting date or invoice date. Remember that the invoice date may contradict the accrual accounting principle. For example, how can I obtain a financial statement with an accountin…

[image] gxtsoft: Remember that the invoice date may contradict the accrual accounting principle. It should not. If you are using accrual basis accounting, you should enter invoices with issue dates matching the accrual dates. [image] gxtsoft: And I insist, the invoice date may completely…

Invoice date and Accounting record date

clive December 13, 2021, 5:38am 4

but the “date type” custom field does not actually function as a date type - one can enter anything. It should restrict the entry to the date format only.

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Invoice date and Accounting record date

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