What is posting date in SAP PSM-FM - Funds Management?

SAP Term: posting date

• Component: PSM-FM

• Component Name: Funds Management

• Description: Date when the cash desk updates payments. The posting date does not need to be the same as the current date.

Smart SAP Assistant

• Key Concepts: 
  Posting date is a field in the Funds Management (FM) component of SAP that indicates the date on which a document was posted. It is used to track the date of a transaction and is used for reporting and analysis purposes. The posting date is also used to determine the period in which a transaction should be posted. 
  
  How to use it: 
  The posting date is automatically populated when a document is posted in Funds Management. It can be manually changed if needed, but this should be done with caution as it can affect the accuracy of reports and analysis. The posting date can also be used to filter transactions in reports and analysis. 
  
  Tips & Tricks: 
  When manually changing the posting date, make sure to check that all other related fields are updated accordingly. This will ensure that all reports and analysis are accurate. 
  
  Related Information: 
  The posting date is related to other fields such as the document date, which indicates when the document was created, and the value date, which indicates when the transaction was actually executed.