Financial Dates in Nexsyis

• Your company will decide whether the financial date for sales is either completed or delivered.
• A folder is invoiced either by virtue of delivering the vehicle or invoicing the estimates.  This creates a Folder Invoice Date (Contact.InvoiceDate)
• As with all financial transactions, Nexsyis establishes a corresponding financial date as well.  The folder financial date is Contact.ARGLDate.(referred to as Sales / Cost of Sales date in some NEX screens). It will be the same as the Folder Invoice Date unless the financial period was closed at the time the invoice was created at which time the ARGLDate will be the 1^st day of the 1^st open period.
• As any additional Invoices for a folder are created, the invoice date for the invoice will be set to the Folder Invoice Date.  The AR Invoice GL Date follows the standard Nexsyis GL Date logic, i.e. the GL Date will be the invoice date unless the period is closed which then will set to the 1st day of the 1st open period.