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7) what is the importance of next Posting or Payment date
in APP and how it will effect the business?
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Answer Posted / venkatanarasimham
In APP next posting date is used in order to check the due
date of the payables, if an open item is overdue on the
date of the next Payment run it will show in this Payment
Run.
If the overdue items is not paid,Company has to pay
interest on the arrears and will not be eligible to get the
discounts.
| Is This Answer Correct ? | 6 Yes | 2 No |
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