A/p aging

[ryan06081984]

I have prob. a silly question.... i have recently started a new company and decided on a version of peachtree... My question is in the A/P Reports, on the aging some invoices have negative numbers and some have positive.... what is the format of this system.

thank you

[Lisa_p]

The negative numbers would indicate either overpayments or credit memos.

Try double clicking on one of the negative numbers on the aging report - where does it take you?

[ryan06081984]

i should of been more clear........... Its the age, of the invoice, some have positive numbers some have negative numbers.

[SMC]

If the aging date on your reports is earlier than an invoice's due date, the age will show a negative number. Basically, it is the number of days until that invoice is due.

[agi]

I get this same result for example if a payable isn't due until 9/1 but I cut a check for it dated 8/35. The aging for 8/31 will show a negative amount. Also, if you spread out an expense over a year, for example then actually pay it in full in january, you will have a negative expense for the entire year that will count down every month as the expense for each month is 'used'....