How do I change the Business Date

Sales transaction and Revenue reporting rely on a business date set within ProfitSystem to stamp new transactions & accounting postings with the business date. The business date is utilized by the revenue report and sales reports (when sales reports are ran by revenue realized).

The current system date is also applied to Sales Transactions so the shop can know when sales and transactions were 'booked'.

By default after a Store Closing or where the system date does not match the current ProfitSystem set Business Date, the system will stop and prompt the first user to set the business date as to what it should be. The User must have security to be able to set business dates. Once done the date is set until the store is closed or the system date does not match the business date.

When starting ProfitSystem on any workstation/register, a user may be receive this message: Set Business Date: which indicate the store's Business date does not match the computer's date. This is an allowed condition, but normally not the intended. Most stores would wish for the Computer Date and Business date match.

As ProfitSystem starts, it compares the system date (the computer date) to the accounting date it stored the last time the shop was opened within ProfitSystem. A warning appears when these two dates are different. Typically these dates should be the same unless shop management is wanting to enter transactions for another day's business.

It's important that the store is opened for the correct accounting/business date each day. All transactions are date-stamped with the current accounting date, so if your shop's business date is set to any other date other than the current computer date, all transactions created while that business date is set will be stamped for that business date and appear on that date's revenue report.

Common question

Transactions were given a 'Business Date' that needs to be a different Business date. A date change is a manual step and is accomplished via the Posting Editor.

To correct this or make the Business Dates and accounting date based on the dates the store wants them to be, a user must utilize the View Ticket by Number -> Edit Positings. In this function the user can make the accounted for, business date and transaction date any date needed.