AP Rate Selection Date

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For Future Use.  AP Rate Selection Date indicates which of the accounts payable document dates should default into the currency information effective date to determine the currency exchange rate.

 

The possible values are:

 

•Document Date - The document date is the date the document is being posted to the vendor and account balances in ObjAcct.

 

•Invoice Date - The invoice date is the date on the document received from the vendor.