I Forgot to Clear the AP Vendor Paid Accumulators at Year End

Q - We forgot to clear the AP paid accumulators at year-end processing. What would be the best way going forward to get this resolved? We were going to run this now and make note of the current balances, but did not know if we could run this while people were in the system.

A - You can go to Global Setup -> Utilities -> A/P Utilities, where you will find the Reset A/P and Last Year utility. I would ask your users in AP to exit when you run this utility.  This utility allows you to reset (recalculate) the AP Vendor YTD and Last Year Accumulators when you miss it during year-end processing.  See the following article for more details of this feature:

    http://support.elliott.com/knowledgebase/articles/919854-feature-recalculate-ap-vendor-ytd-and-last-year

EMK



Feedback and Knowledge Base