Vendor Payment Application Date Logic

Default Logic

• Applying Vendor Payments to Open Purchase Invoices or Credit Memos
  • By default, GoldFinch will use the Posting Date of the Vendor Payment Receipt as the Application Date.
• Applying Credit Memos to Open Purchase Invoices
  • GoldFinch will use the Credit Memo's Posting Date as the Application Date.
• Closed Accounting Period Handling
  • If the calculated Application Date falls before the Allow Posting From date specified in Company Setup (i.e., within a closed accounting period), GoldFinch will automatically replace it with the Allow Posting From date.

Manual Override

You may override the Application Date directly on the Vendor Payment application page, if needed.

Article Vendor-Payment-Application-Date-Logic  ·  Last updated December 02, 2025 · GoldFinch ERP Help Center