Debtors reconciliation/trial balance
- 5 years ago
Hi Jojo16
Aged Receivables report shows the ageing of invoices as of a certain date and therefore will include all the invoices posted after the date entered. Whereas, Receivables Reconciliation report will just display the outstanding invoices as of a certain date.
Essentially, the figures in Trade Debtors account should be equal to the figure shown in receivables reconciliation report for the same period. In order to verify if the figures are correct, please go the Find transactions tab in the command center, search by Trade Debtors account for the date range specified above and check if the Ending balance is same as shown on trial balance, and receivables reconciliation reports.If it's different, please let us know so we can investigate further.