Hi everyone,
Throughout most of 2024 we had been able to tie out our Accrued Payables account. In November 2024 we had a balance of a couple hundred dollars that we couldn’t balance with the Received Not Invoiced report. We figured this could have been from freight charges or some other misc fees that were not on the PO but were on the invoice; not a huge deal. This month we are unable to tie out about $7k in this Accrued Payables account. There has been no change in our process.
Obviously, you can have book debits and book credits that cross months depending on when the PO was created and when invoices are created. Besides going line-by-line and matching a credit with a debit I am not sure the best way to tackle this.
Has anyone else dealt with this issue before? Not all lines on Chart Tracker have a PO or Invoice number in the description so this seems more difficult than it should be.
Any help is greatly appreciated!
