GeorgeC
2 years agoMember
Reporting
In Account Right what is difference between "Receivables reconciliation report" and "Unpaid invoices report"
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
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