Cutoff time used for Daily Sales Report

What criteria is used in populating Daily Sales Report (Summary) by SalesRep or by Category? Is it governed by the "Time" field in Public_Transaction? The reason to my question is, when I access RMS data, and run a query using MS Access, the sales figures differ, when the grouping is done by the "Time" field in Public_Transaction file.

Thank you all for your guidance.

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Krish
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