Currently in Purchase Ledger Period End Routines Payment Processing Generate Payments. The remittance date seems to be the date the software was originally installed. It most certainly isnt todays date which would be much more
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When the 'Generate Suggested Payments' routine is ran in the Purchase Ledger module you are given a remittance date. When you select that date and then complete the remittance that date remains the 'last remittance date until another remittance is run.