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I just want to clarify all my assumptions about date/time with a "Close Date" field...
My understanding is that the default "Close Date" field of the opportunity object is a "date" field that has no time value associated.
So if I wanted to run reports on closed dates in a business where hours and minutes are of importance, not just the date itself, am I really going to have to make another field and substitute it in the page layouts?
Opportunity Close Date holds date only. You can create custom datetime field and during opportunity closure update the field value by workflow field update.
