cc stmts never use calendar month, why??

Billing Period: 01/05/19-02/06/19

i want to input all charges together, in one entry, using one date.
but Jan or Feb?

just want to see one figure per month for total Purchases.
makes it easy for me.

Some companies will allow you to choose the ending date. You can ask.

"cc stmts never use calendar month, why??"

A1.: Because it doesn't matter. I even have a regional bank business checking account which uses the 15th of the month as the statement date.

A2.: because they want all their billing periods to be either 30 or 31 days.

If you are already going to ignore all the transaction detail on the statement, why not ignore the billing period end date too and just use (in your example) Jan 31?

matters to me. big expenses incurred in Dec, but posted in Jan.

need cut-off

We post each item on the date incurred.

We post each item on the date incurred.

me too. but i use a clearing account for a cash account that i zero it out on stmt end date.

Isn't this simply an illustration of how *today's* bookkeeping and accounting - all in software, nothing by hand - has taken over the waterfront? To anyone born since 1990, it matters little whether something happened in Juny or in Septober, now does it? Tell us, makbo, how dates are coded and recorded in the ether, will ya? Thanks.

Tell us, makbo, how dates are coded and recorded in the ether, will ya? Thanks.

Modern computer operating systems record the date as the number of elapsed seconds since an epoch date, for example Jan 1 1970. And they use UTC time zone internally, while presenting the date/time to the local user in the time zone and format based on the user's preferences.

See Notable epoch dates in computing

My client uses cash basis method.
So, the January credit card statement activity can be all recorded in January,
or when the client paid the statement?
This is a big deal to me, because the ending date is in the middle of the month,
and that means half of the charges were made in December of previous year.

If, for example, the statement runs December 17- January 16, any charges reflected on the statement dated Dec 16-31 would be properly includable as deductions on your client's cash basis books for this calendar year.

I would determine the amounts/categories, post a journal entry for these charges, and reverse the entry on Jan 1.

for this calendar year.

u mean 2019?

i am referring to the stmt for Dec 2018-Jan 2019.

Let's interpret "this calendar year" to mean "the applicable calendar year".