Monday, March 20, 2017

AP-GL Reconciliation

To reconcile your accounts payable activity for April, make the following calculation:
"Accounts Payable Trial Balance" as of March 31 +
"Posted Invoice Register" for the period between April 1 and April 30 -
"Posted Payment Register" for the period between April 1 and April 30 =
"Accounts Payable Trial Balance" as of April 30

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