A/R Aging report displays different totals than the Balance Sheet report in BillQuick/Web Suite/BillQuick Online.
When you compare an A/R Aging report to a Balance Sheet report in BillQuick, it shows different totals. The reason for this is because there are different rules for the calculation of these totals.
A/R Aging:
1. A/R Aging includes invoiced amount and paid amount, including retainer applied/used.
2. A/R Aging does not include General Journal entries.
3. A/R Aging does not include retainer received.
4. A/R Aging does not include negative invoices.
5. A/R Aging does not include invoice discount.
A/R Account on Balance Sheet:
1. A/R Aging includes invoiced amount and paid amount, including retainer applied/used.
2. A/R account includes General Journal entries.
3. A/R account includes retainer received.
4. A/R account includes negative invoices.
5. A/R account includes invoice discount.