Summary
Report to use to reconcile Property Management receivables with General Ledger receivables.
Description
Cause
Resolution
CAUTION: Sage Customer Support cannot assist with issues related to third-party products or enhancements, hardware, report customizations, state or federal tax-related questions, or specific accounting questions. Refer to our Scope of Support document for details. For assistance, contact your Sage business partner, network administrator, or accountant.
You can use either of the following reports in Property Management:
- Reports, Collections, Detailed Aged Receivable
- Reports, Collections, Summarized Aged Receivable
These reports include the receivables, prepayments, and open credits. When comparing to General Ledger, you will need to sum up the balances for those accounts.
- The receivable account assigned to the transaction comes from Setup, Charge Types, Receivable column.
- The prepayment account assigned to the transaction comes from Setup, Charge Types, Prepayment column.
- The open credit account assigned to the transaction comes from File, Company Settings, PM Settings, GL Information tab, Open Credit Clearing.
If the report does not balance with General Ledger, refer to PM Aged Receivable report does not balance with the GL receivable account