When Customer Cheques or Vendor Payments, ACCPAC just offsets the invoice and puts the Reverse flag on the receipt/payment. This makes reconciliation using AR Customer Transaction very difficult when the customer has many dishonored cheques in a date range.
If checque reversals were treated as document, it would be easy to develop customized report to show customer transaction including cheque reversals
by: Murtaza T. | over a year ago | Financial Management
Comments
Absolutely