Suppose you were analyzing the stress in a cantilever beam. The real beam is 20 inches long and has a distributed load of 25 lb/inch over the last 4 inches of the beam, near the free end. To simplify the analysis you use a statically equivalent point load, 100 lbs at a point 2 inches from the free end.
Stresses caclulated at the fixed end would be nearly identical for your simplified case compared to the real beam, because it is "far" from the idealized point load. Stresses calculated at a point 3 inches from the free end would be significanlty different for the simplified case compared to the real beam, because it is "close" to the idealized point load.
Where does the analysis transition from "far" to "close"? Generally it depends on the dimensions of the beam. Two or 3 times the beam height would be a distance (lengthwise) that I may define as the "St. Venant's" distance, where the results would be vaid. In the above example, if the beam were 1 inch thick, I might assume that the results of the simplified analysis were valid except for the 6" of the beam near the free end (the actual distributed load was along 4 inches plus 2 x beam height = 6 inches) or something like that. There's not hard rule about this.