AR Reconciliation Report Shows Difference In Closing Balance From Prior Period To Opening Balances Current Period (Doc ID 3004602.1)

Last updated on APRIL 05, 2024

Applies to:

Symptoms

AR Reconciliation Report Shows Difference In Closing Balance From Prior Period To Opening Balances Current Period

Responsibility: Receivables Manager
Navigation: Reports > Accounting > enter parameters: GL Date From and GL Date To

example output balances run for 3 consecutive months:

AR Reconciliation
GL Date 01-MAY-2023 to 31-MAY-2023
Beginning Balance as of 01-MAY-2023 110,137.05
Ending Balance as of 31-MAY-2023 156,230.57

AR Reconciliation
GL Date 01-JUN-2023 to 30-JUN-2023
Beginning Balance as of 01-JUN-2023 156,232.79  --> this should match Ending Balance as of 31-MAY-2023 from May report report
Ending Balance as of 30-JUN-2023 167,688.90

AR Reconciliation
GL Date 01-JUL-2023 to 31-JUL-2023
Beginning Balance as of 01-JUL-2023 167,685.88 --> this should match Ending Balance as of 30-JUN-2023 from June report report
Ending Balance as of 31-JUL-2023 145,440.35

Cause

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