Your setting in the Business Configuration Activity Time Zone Maintenance is different from the default UTC. In this case that we will use as an example the customer time zone was set to CET which corresponds to UTC +1.
You run a standard report, for example Customer Contract Volume (technical ID CRMCCOIB_Q0001), and move the characteristics Calendar Day into the report. You may notice that the calendar day in the report is different to the one shown in the object (contract in this case).
SAP Business ByDesign
wrong date, time zone, reporting , KBA , utc format date in report , date format , report , date , time zone , AP-RC-ANA , C4C, ByD, Travel: Analytics Tools & Frameworks , Product Enhancement
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