Currently you have to manipulate invoice date to match the posting date in order to obtain a AP Trial Balance report that actually balances to the general ledger. If you have an invoice that is dated in the currently month but is for services in previous month, if you use the actual invoice date of the current month but post back to the previous month, this invoice will not appear on the AP Trial Balance. We are required to have a AP Trial Balance report or AP Aging that matches the general ledger balance at month end for our end of year auditors and to send to the bank with our monthly financial packets.

by: Pamela M. | over a year ago | Reports / BI