The primary purpose for viewing the Accounts Payable Vendor Aging Report is to assess what vendor invoices are outstanding and for how long. Special Report Features The Vendor Aging report has additional special features available which can greatly speed up the AP payment process when utilized. These additional features allow the user to generate a
Occasionally, a user has a customer and vendor that is the same company. Although the books would be “cleaner” if the transactions in each venue were kept separate, sometimes it just doesn’t happen. This information covers a case where the customer/vendor makes a payment that is reduced by the amount of the invoice it received.