How to validate your accounts receivable
It is very important to analyze your accounts receivable before you release your data to your accountant to avoid the following problems.
- Financial information that you add after the release period will not be released to your accountant until the next release.
- Changes in financial information from already released periods will be exported to your accountant as notifications, requiring him to proceed with the same adjustment in his accounting data to avoid errors in the accounting documents.
To validate your accounts receivable, follow these steps.
- Open the Sales screen.
To open the Sales screen, click Sales in the navigation panel.
For more information, see Sales.
- Check the total outstanding amount at the top right of the screen.
- If the total amount is greater or less than what you expected, check all the outstanding amounts listed in the Sales screen.
To ensure that the accounts receivable balances are accurate, check your financial account balances first.