Top DISTRIBUTE LAST YEAR AGING 1. How to Distribute Last Year Aging for Specific Supplier/Creditor Account?
• First, you have to search for the supplier/creditor account with opening balance. This is similar to the Search for an existing supplier/creditor account. • After the specific supplier/creditor account with opening balance is found, proceed with distributing the aging amount according to the month in arrears. Note: You are not allowed to enter amount into the 1 Month Overdue column. By default, the system shall automatically distribute the total amount of the opening balance into the 1 Month Overdue column. When you have distributed the aging amount to the respective Overdue columns, the amount in the 1 Month column shall be deducted accordingly to reflect the add-up total opening balance. Important: When you start computerizing your manual accounts for the first time, you have to enter all accounts’ opening balances into this system in order to obtain accurate financial reports. For the following years, you only need to run Year End Processing option and the system will automaticall
