Historical Aged Trial Balance error

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Posted on by Raquel Johnson

HI:

I have run the historical aged Trial Balance Report and is is not reconciled to the general ledger. What I noticed is that all payments received in the period for invoices for a prior period was not applied within the period.

Can anyone help me in correcting this to facilitate me printing the correct AR Summary.

Thanks.

Raquel

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Community Member Microsoft Employee on at

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Re: Historical Aged Trial Balance error

If you print the historical aged TB as at today, does it reconcile to the GL?

This has to be the starting point - they must reconcile as of right now. If they don't you haven't a hpoe of reconciling them in the past. If they don't reconcile as of now, try the obvous - are all GL journals posted? If yes, then use the Reconcile to GL utility.

The reason they may not reconcile in the past has eithre to do with apply posting dates, or a difference between the document date and the GL posting date.

Again, the Reconcile to GL Utility is the first port of call.

Ian.