We have just closed off 2005 and are now working in 2006. When we print an open payables report as at 01/31/2006 in source currency , the report totals with a CAD total and an USD total. How can we know that we are balanced with our general ledger accounts payable trade account?
The same report in home currency does not show current amounts if the transaction has been settled by post-dated transactions. On the source report the "C" is present indicating settled post-dated transactions but the current amount still appears....What are we doing wrong??

- Sue

Hi Sue,

If the question is why the Home Currency version of the Open Payables report is not printing the desired amount when backdating the report date, then the answer is that the report is not behaving as it should be. It's fair that if an invoice was completely or partially settled after the report date, the home currency version of the report should be able to do this, as the Source currency version already does.

We'll forward this to development.

Hi Softrak,
Thank you for your reply. I ran the Open Payables (Home Currency) today (02/03/06) as at January 31, 2006 and the totals are reduced significantly. We understand this has been forwarded to development but can you give us a time frame when this might be addressed?

thanks - Sue