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⟩ What is the importance of next Posting or Payment date in APP and how it will effect the business?

The next posting date is used in order to check the due

dates of the payables, if an open item is overdue on the

date of next posting run it will include in the next payment

run,

The business effects are, if the overdue items is not paid

the company has to pay interest on the arrears and will not

be eligible to get the discounts on the early payment.

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