Invoice Validation/Payments Validation

Let’s see what is Invoice validation / Payments validation with relevance to accounting year?

When we are creating an invoice if the invoice date does not fall within the accounting year  the system prompts “Not within the time period range” . Eg, when an invoice is created which is  dated 2013 then the system will prompt a message as in the below screen and we will not be able to proceed further.  This will reduce the data entry errors.

Similarly for payments , when we are initiating payments with future date i.e. which does not pertain to the accounting year then the system prompts “ Not within the Time Period range “ as in the below screen.

This type of validation applies for Journal entries also.