What is posting date in SAP AP-TTE - CRM Transaction Tax Engine?

SAP Term: posting date

• Component: AP-TTE

• Component Name: CRM Transaction Tax Engine

• Description: Day on which the transaction becomes relevant for accounting purposes.

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• Key Concepts: 
  Posting date is a field in the AP-TTE CRM Transaction Tax Engine that indicates the date when a transaction was posted. This date is used to determine the applicable tax rate for the transaction. 
  
  How to use it: 
  When creating a transaction in the AP-TTE CRM Transaction Tax Engine, the user must enter a posting date. This date will be used to determine the applicable tax rate for the transaction. The user should ensure that the posting date is accurate and up-to-date in order to ensure that the correct tax rate is applied. 
  
  Tips & Tricks: 
  It is important to keep track of the posting date for each transaction in order to ensure that the correct tax rate is applied. The user should also be aware of any changes in tax rates that may occur over time and update the posting date accordingly. 
  
  Related Information: 
  For more information on how to use the AP-TTE CRM Transaction Tax Engine, please refer to SAP's official documentation.