Just wondering if I misunderstood the purpose of the accounting date in AP. Our year end was March 31st and haven't yet closed the year yet in the ledger although we don't want to post anything but final year end entries to it. We do have "next year" open. When we got a March invoice, we put in the actual date put used April 1st as the accounting date, thinking that would make it go into fiscal period 1 in the next year. When it was posted and retrieved (with period based on date) it still went into March instead of April like I expected. I have no problem moving the entry and getting it into the fiscal period I want. I just expected the accounting date to take care of that. Should it have? Is there something I should have turned on or off to make it look at the accounting date? (All my versions are up to date currently)

If you want to use the accounting date supplied by the subledger, you need to change the Ledger retrieve and choose the option "Subledger period" rather than "Period based on date" for the retrieved batch.