If i change value date what is the implications, (urgent)

normallye bank entry needs a 'Value Date'. Can this value date be defaulted to the posting date? Could another option be to make it non-mandatory - if this is the case, are there any implications of not entering a value date?
thanks in advance and value points are assigned
regards
Sunitha Reddy

Hi,
Value date is the date on which bank will make the payment.This is used in liquidity forecasting.
generally the posting date will be the value date unless otherwise specified.
for check deposits you can set the value dates by defining rules ( goto spro>bankactng>business tran>check deposit)
For APP we set the valude dates in T.code OBVCU
we can make it non-mandaoty by changing the field status group of the respective GL account.
Hope this helps.
Thanks,
Vamsi

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