Reporting
In Account Right what is difference between "Receivables reconciliation report" and "Unpaid invoices report"
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Hi GeorgeC
The point of any Reconciliation report is to compare the balance between 2 things and identify and resolve any discrepancy. The Receivables Reconciliation Report compares the balance of the Receivable account with the total of all Debtor balances in the Receivables register (open sales and credits) - when the system is managed correctly, these 2 should always match.
A bank reconciliation report allows you to compare the bank account in MYOB with the bank statement issued by your bank.
Hope this helps.
Gavin
Hi GeorgeC,
Thank you for your post.
In addition to gavin12345, the receivables reconciliation report and the unpaid invoice report are most likely the same. These two reports display a list of receivables or current balances for a specific date with aging details for each customer. The unpaid invoice report can be accessed through the AccountRight browser version, while on the desktop version, this is receivables reconciliation. You may also have a look at the To-Do List: Receivables.
We always appreciate your support, gavin12345. Thank you.
Cheers,
Princess
