Accounting Ideas

Aged Debtors & Creditors - Include future transactions

In the old Sage Line 50 you could 'Include Future Transactions' on the aged debtors & creditor reports.

This is particularly useful when carrying out year-end audits as you can see which transactions from a previous date are still outstanding and therefore require investigation rather than having to check each entry to see if it was paid after the year end.

  • Guest
  • Oct 28 2020
  • We're Taking A Look At This
  • Attach files
  • Guest commented
    19 Jan, 2021 01:42pm

    Idea posted in Sage City:

    From desktop SAGE reporting we have lost the ability to run a debtors report for invoices to a particular date, but allowing payments/allocations to a later date. This is a key audit report as it allows us to quickly show how many of invoices to the year-end were outstanding at the year-end but which have now been settled. All the other online accounting packages that I use have this facility.

    It's also important for allowing statements to be sent to customers showing only invoices to the previous month-end, but allowing any subsequent payments to be reflected. At the moment either all the invoicing has to be synced to the date of the statement run, or I send statements to customers showing invoices they have already paid.