At the start of a new month, it is hard to tell if the transactions being approved posted in the previous month or the new month. For instance, when trying to close out July, if I need to prioritize my workload I could JUST look at and approve (or reject) credit card transactions that posted in July, and not spend my time on August transactions
Right now, the only date that appears in the record is the date the transaction was coded. Not the date the transaction actually posted.