Yes, 12:27:PM on 1/25/2008 is still 1/25/2008 - but it's only HALF of the day. The problem is that if I want "all orders from today" the sales report should start at 12:00:00 AM (technically, midnight, but it's the first hour for "today") and end at 11:59:59 PM - one minute before that day's "midnight".

If I'm trying to get "today's reports" we're not going to see any reports from 1AM through noon because of the way the reports system is calculating "Today." It goes double for us since we're on the left coast, and people in NY and England may already have made their purchases before noon our time.