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View Full Version : Aged Payable Report Shows Error


deelpl
04-26-2002, 06:25 PM
We use PeachTree Complete 7

We have just moved our business; changed our inventory ID #s; expanded our retail business -- in other words we are swamped and behind.

When I was checking our Aged Payable Report, I found 4 payments that did not belong. They are from 4 years ago. I can access the original through the Report but cannot find them any other way. They were made when we were just starting with PeachTree.

One of them is a $50 cash advance to an employee. Accounting Behind the Screens shows $50 Debit to Employee Advances and Credit to Checking account. HOWEVER, in the Aged Payables Report there is a -$61.66 with a different Invoice #. These transactions have no Vendor ID in the transaction.

These were not there at the end of 2001. I did purge in January. Why it all of a sudden showed up in this Vendor's Report; I have no idea. Any Ideas - and how do I correct them?

natalfever
04-29-2002, 04:57 PM
I cannot offer any help but want to let you know we have had the same thing happen ( We call them ghosts!). I will be watching with interest to see if any expert can help you.

garfers
04-29-2002, 11:53 PM
I can't believe it!! I had the same exact problem show up at the beginning of 2001 for transactions from 97 (when we started using PTC). My accountant calls them phantoms.....I ended up just creating a new account for that person or vendor and marking the others as inactive. If an expert can tell me what I really should do, I'd love to hear from you, too. It's annoying to have those accounts show up on aging reports. Roberta

Deborah Bean
05-01-2002, 03:18 PM
I have seen these and they can usually be fixed by running the Repair Company function or using the Integrity Check and running the Data Sysnchronization test for the associated journal. This generally fixes the ghosts.

Be sure that you have good backups before performing these operations. As a Peachtree/computer consultant, I generally run at least 2 backups - but I'm paranoid.

garfers
05-02-2002, 11:31 AM
Thanks for the info, I'll certainly give it a try. By the way, making 2 backups is not paranoid, it's "prefessional & experienced"!
Roberta

deelpl
05-02-2002, 11:36 AM
Will try that - after making two backups - and let you know if it worked. Thank you.