I've discovered that our AR sub-ledger prints off outstanding amounts based on todays' values. For example, if I print off an outstanding receivables listing on January 12, 2011 for my December 31, 2010 month end the report doesn't show me who owed what at December 31, 2010 but, rather, what they owe January 12, 2011.

I have an aging report (cutoff December 31, 2010) where I know a customer owed an amount at December 31, 2010 but the report printed in January 2011 doesn't show that he owed at December because he made a payment in early January for his outstanding balance.

Is this a system glitch or it there a setting in the Receivables module that needs to be flagged so that I can actually run an AR aging list as at December 31, 2010 and know that it is accurate and doesn't reflect payments made after December?