About Correcting the Daily Audit

If the total for today's accounts receivable is correct, check the A/R Batch Report for discrepancies. To do this, first look at the Control column of the report, which lists the G/L control account for each posting. Make sure that the account listed for each posting is the account for A/R trade.

Note: If you did not release the previous day's batches, the A/R Batch Report show the totals for the previous day as well as today's totals. In this case, take your prior day's totals and add them to the totals for today. The combined total should match the totals in the (PDA) screen. You do not need to check postings for batches that begin with the number nine, since postings to those batches are system-generated.

Next, check the Reverse column of the report, which lists the reverse account for each posting. The reverse account should never be the A/R trade account.

 

If you find any postings that were made to the wrong account, you must make an adjustment to correct them. For instructions, see Posting Adjustments and Corrections.

 

See also:

Verifying the Total for Today's A/R