A/R question

[Derek Atkins]

Cam Ellison <cam at ellisonet.ca> writes:

> When I first started my business, I created a number of A/R
> subaccounts.  Since everyone was paying on time, more or less, that
> meant I didn't need to use the Receivables Aging report, or not very
> much.  Things have changed, so in order to make proper use of Aging, I
> collapsed the subaccounts, and everything is now under the Receivables
> account.  However, now the credits don't match the debits, and the
> report is incorrect.
>
> I'm sure this is going to mean going into 5+ years of data and making
> changes - but where do I make the changes?  What sort of transaction
> should I be looking for, and what should I change?  Re-entering and
> deleting won't cut it - a lot of the transactions have been
> reconciled.

First, what do you mean by "the credits don't match the debits"?  In
what way is the Aging Report incorrect?

Unfortunately, depending on the errors, it might mean going in
and deleting and re-creating the payments.  You should look for some
auto-payment-forward transactions.  Most likely you'll need to delete
those and a bunch of payments and then re-run the Process Payments.

Don't worry about the fact that transactions are reconciled.  It's easy
to re-reconcile them after the fact.  Just ignore the starting balance
and include them as if they were on the statement.

> TIA
>
> Cam

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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