What is 'comparison date' in SAP SBO - SAP Business One?

comparison date - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: The date that determines the age of a receivable. Usually it is the current date.

comparison date - Details

• 
  Key Concepts: 
  Comparison date is a feature in SAP Business One (SBO) that allows users to compare the current financial data with the same period of the previous year. This helps users to identify trends and make informed decisions. 
  
  How to use it: 
  To use comparison date, users must first select the period they want to compare. This can be done by selecting the “Comparison Date” option from the “Financials” tab in SBO. Once selected, users can view the current financial data alongside the same period of the previous year. 
  
  Tips & Tricks: 
  When using comparison date, it is important to remember that only financial data from the same period of the previous year will be displayed. Therefore, it is important to select the correct period when setting up comparison date. 
  
  Related Information: 
  For more information on comparison date, please refer to SAP’s official documentation on SBO. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use comparison date in SBO.