The event date is a term that denotes the set day or time at which a successful transaction was made on the site. This metric is important for identifying and sorting your trades as well as processing data from the server side. Clients can find the information they are looking for and get all the information about the transactions for this period. The history of the transaction will in any case be recorded in the history of the client’s account to secure the transaction and the used financial instruments.
Whatever platform a transaction takes place on, a bank or an online store, employees cannot edit the date of the transaction, since it is tied to the cash flow on the balance sheet. In other words, Event Date is a report on the movement of money.
These transactions include any transactions with money on the Internet. Withdrawing money from an ATM, using a debit card in a store, shopping online, paying bills, and even withdrawing funds through paper checks – these transactions will be recorded in your account history and will be dated for better navigation.
