Entering historical accounts receivable and accounts payable

The way years are stored in AgExpert Analyst has changed and the concept of a historical accounts receivable or accounts payable charge no longer exists.

Instead, historical receivables and payables can be entered as transactions in the prior year, which is automatically set up when a new data file is created.

1. Select Transaction Entry from the Transaction menu. The Transaction Entry dialogue box appears.
   
   
2. Complete the normal process to enter the receivable or payable charge, but use the prior year as your date. For example, if the current year is 2020, you would use 2019 to record a historical charge.
   
   
3. Click Record. A warning message will appear stating that you're going to be posting outside of the current fiscal year. Click Yes to continue.
   
   

The charge has now been posted and you can apply a payment to it in the current fiscal year.

Last updated on March 4, 2021 by FCC AgExpert