Forum Discussion

OGS's avatar
OGS
Experienced Cover User
2 months ago

Open Bills total not matching Unpaid bills report figure for same time period

Hello Recently I have notice the bills owing amount is not matching the bills owing amount in the reports for example As you can see the difference is massive! Does anyone know how is t...
Unpaid bills discrepancy
Jemar_C's avatar
Jemar_C
Valued User
2 months ago

Hi OGS,

 

Thank you for your post and I understand that the open bills doesn't match with the unpaid bills. To ensure accuracy, you should compare the balances on your balance sheet's payables/receivables accounts to your respective payables/receivables reconciliation with tax reports balance. When these are run on the same date and use the same accounting method, they should align by then.

 

Feel free to write a post if you need further assistance.

 

Cheers,

Jem