Acumatica allows a transaction from a specific date to be posted to a different financial period.
This is particularly useful when creating year-to-date (YTD), month-to-date (MTD), or quarter-to-date (QTD) reports.
When calculating account balances using dates instead of financial periods, Velixo does NOT include those transactions which are within the date range but have been posted to a different period.
Let's assume the following three transactions have been posted to account 11000:
May 5, 2021
May 6, 2021
May 7, 2021
If we were to use the ACCOUNTTURNOVER function to report the account turnover for May 5, 2021 through May 7, 2021...
The results would be $100.00 (the amount of the transaction from May 6, which was posted to period 05-2021).
The transactions from May 5 and May 7 affect ONLY the balances in the financial periods to which they were posted (04-2021 and 06-2021, respectively).