A new parameter, Creditors Period has been added to the Creditors Trial Balance allowing users to run the creditors trial balance as at the end of a previous period.

 

When run for a previous month (as in a month prior to the actual current month as per the calendar date), BBS will reconstruct the creditors trial balance as at the end of the selected period by reading back through every creditors transaction to calculate what was outstanding at the end of the selected period.  

 

This option will only work accurately for periods 01/07/2017 onwards.

 

This will mean at end of financial year, users who enter invoices dated into the previous financial year, will no longer need to print the audit trails or keep a manual record of the invoices entered after running the creditors trial balance. Users will be able to back date invoices into BBS and then run a creditors trial balance dated end of June and it will ignore anything that has happened July onwards.

 

Please refer to Creditors Trial Balance for more information.