a/p & a/r troubleshooting christine borato session topics adjusting a/p & a/r invoices...
TRANSCRIPT
A/P & A/R TroubleshootingChristine Borato
Session Topics
• Adjusting A/P & A/R Invoices• Recurring Invoices• Proposals • Purchase Orders & Subcontracts• Voiding A/P Checks & Reversing Cash Receipts• Auditing from the A/P & A/R Modules
• Correcting posted transactions– Adjustment vs. Quick Reversal
• Recurring Invoices• Adjusting invoices with PO/Subs• Voiding A/P checks
1 A/P Corrections
Adjustment – Amount Only
Quick Reversal
Recurring Invoice Adjustments
What about PO/Subs?
Voiding an A/P Check
• Correcting posted transactions– Adjustment vs. Quick Reversal
• Credit invoice entry• Common questions with proposals• Cash receipt reversal• AIA rollback
2 A/R Corrections
A/R Adjustment – Amount Only
Quick Reversal
Credit Invoices
Cash Receipt Reversal
Correcting an AIA - Rollback
• What report do I use?– G/L Trial Balance– Aging Report
• What numbers do I compare?• How do I correct issues found?
3 Auditing A/P & A/R to G/L
• Steps to avoid– Correcting issues through G/L only– Posting outside of transaction dates– Ignoring warning messages– Adjusting/Reversing prior to original transaction date– Using the purge functions
4 Tips & Tricks
• Helpful Hints– Enable posting verifications– Verify control dates– Complete defaults on vendors & customers– Read all warning messages
5 Tips & Tricks Continued
Thank You!