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What Is A Cycle Code Date?
So what is a cycle code date?
A cycle code date can be found on a completed Account Transcript. The cycle date reflects the date the transaction is posted to the master file.Well, what does it mean?
A cycle date is designated by an eight digit number indicating the year, week and day of the week (YYYYWWDD) for when you posted to the master file.Ok, but I still don’t know what that means…
Let’s break it down some more:
-First four numbers indicate year.
-Next two numbers indicate week of the year
-Last two numbers indicate day of the week.
Each day is designated by a two digit number which excludes Saturday and Sunday.- Friday= 01
- Monday= 02
- Tuesday=03
- Wednesday=04
- Thursday=05
I think I’m starting to get it, but maybe you can give me an example?
Cycle date: 20170505
Year: 2017 Week: 05 Day: 05
Wednesday of the 4th week of 2017
Actual date: February 2, 2017So now I know how it works, but where can I get my Account Transcript so I can see my cycle code?
By visiting the IRS Get Transcript Tool
2018 Cycle Code and What Posting Cycle Dates Mean
Transaction Codes and Error CodesSource:
IRS Manual
Part 3. Submission Processing
Chapter 30. Work Planning and Control
Section 123. Processing Timeliness: Cycles, Criteria and Critical Dates
IMF Daily Processing 3.30.123.4.9 (updated 01-01-2017)
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