Accounts Payable Concepts

About Aging Accounts Payable

The age-only function updates the vendor balance based on the accounts payable detail, but does not print a report. To use the age-only function, go to the (QR) Accounts Payable Reports screen and select the [B] Print Trial Balance option. If more than one posting is made to an invoice number, the first date entered is used for aging purposes.

Note:      To prevent the age-only function from printing a report, you must specify B: in the Printer field.

The age-only function is a dedicated procedure. Make sure no one else is working with purchase orders or the Accounts Payable application until the age-only function is complete.