Under most circumstances, backdating is seen as fraudulent and illegal, although there are some situations in which backdating can be used in a legal and beneficial way, such as backdating a claim for a past period.
Sometimes certain claims (such as insurance claims) can be backdated if the could not be completed at an earlier date, although there must be good reason for neglecting to claim in advance.
The transaction date is not necessarily the same as the settlement date, which can happen several days after the transaction occurs.
The seller is paid upon settlement because all of the details about the transaction have been finalized, and because the buyer is certain that what has been promised has actually been delivered.
Hello Gurus, I have a requirement to find out the creation date for a transaction code. There is no creation date in the table TSTC i have checked that.
Players wearing the new boot will be lighter and faster than ever giving them that physical and psychological advantage of speed.If your backdated claim is approved, you will be able to receive benefits from a certain date in the past.The date upon which a security or other financial instrument is traded.So, the whole sentence means the auditors did not review transactions made AFTER 2007?
Source: kval.com/news/local/City-employee-charged-with-stealing-from-City-of-Cottage-Grove-227120911The text means that the investigation started at a certain date, not noted but I assume recently.
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