Expense Report - Expense Date vs Posting Date

Good Morning,

I have a quick question about Expense Reports. In the new expense report pages, I see two dates: Expense Date (which there can be multiple of) and Posting Date.

On the Profit and Loss report, it appears that the Posting Date controls which month the expense recorded in. However, I am unclear about the purpose of Expense Date. Does the value of this field get referenced anywhere, or is this just for reference?

Basically my question is what is the difference between these two fields?


Expense date is the data of the expense eg. you filled gas I your car on 5th Dec 2017, so expense date would be the same. Posting date is the date which the transaction would reflect in accounting books.

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