Select Invoices to Pay and Pay Terms 2005

[ricci sand]

Hi all, I searched the boards and the answer was not clear in this case.

My standard vendor terms are due in 30 days.

When receive a vendor invoice (assume today's date). I enter it using "Purchases Receive Inventory." I write a manual check under "Payments" and I can pick the invoice.

When I "Select Invoices to Pay" i enter today's check date, next month's Invoice due date and next month's discounts lost by date, and all invoices.

When the Select screen comes up, none of the current invoices show up, only the old ones (over 30 days) show up.

Do I have to pay current invoices using "Payments"? I would prefer to do a check run that includes current and old invoices.

How do I change the vendor terms to 0 days (net due) to get the current invoices to display.
Do I have to modify all of existing vendor invoices to reflect the change in terms?

Thank you, Sam in NJ 2005 user

[captainship]

Check your dates. I had in my brain Invoices due "on" or before, but it says invoices due before date (no on) and my invoices weren't showing up. Try adding one or two days to the invoice due before date on the select for payment filter and see if they show up.

[ricci sand]

Thank you. I changed the pay terms to 0 days (net due) on 1/26/2007. If the on or due before date is 1/31/2007, only invoices with dates due before 1/30/2007 will show in the "select to pay" window. Today's "purchases receive inventory" show up in tomorrow's "select to pay" window. The older purchases that had pay terms of net 30 days still don't show up.

I guess that these invoices will not all show up in the "select to pay" window until after 2/26/2007. My bookkeeper is unnerved about this business of having to pay "check run" checks in two windows.

Was this fixed in peachtree 2007?
Do payroll hourly rates display in 2007?
Does crystal reports not ask for a key in 2007?
Did peachtree redesign the 2007 ar ap pr inv inv reports to look more like the pca reports?
(I have more....)

Thank you and sincerely,
Sam Ricci, Jr.

[captainship]

Are you aging by the invoice date or the due date?

[David Palmer]

I believe that all of the invoices you have entered under the net 30 days code continue in your system with that due date. Invoices entered after changing to net 0 days code will show up as payable immediately.

You will have to edit each of the previously entered invoices to change their due date to net 0 days.

[ricci sand]

The invoices were first aged by due date. I changed the aging method to Invoice date in the middle of the January.

I will leave the invoices as is -- I have too many to change. I will wait until the end of february and I will report back.

Thank you for your input,

Sam in NJ

[peachgirl]

Can you put a date in Select for Payment that falls after the later due dates? I always like to do that anyways, for example, if I am paying on 1/31, I select all invoice due before 2/28, and uncheck the ones I don't wish to pay. I'd rather have too much to select from, rather than not enough.