Transactions that have an Adjustment Transaction that fully applies to it seem to never come off the A/R aging, even though it nets to zero. If you choose to print without Adjustment Transactions, you would be out of balance with the G/L if any Adjustment was a partial one. If you choose to print without Applied Details, you lose visibility of partial payments, CNs or DNs, and the invoice (if fully applied) still reports on the aging with no balance. Multiple customers have reported this. Fully applied transactions should not be listed on the aging. Adjustments should act like CNs and DNs.
by: Pat D. | over a year ago | Financial Management
Comments
Agreed it's absurd that fully applied adjustments are still listed on the aged trial balance and also aged payables reports