Set up a vendor's beginning accounts payable balance

You can enter the beginning balance in the vendor record. You can then edit the amounts on the

Enter Payables

screen and select amounts to be paid on the

Manage Payments

screen.

note

The Beginning Balance
is meant to be a year-to-date lump sum balance of all outstanding payables for the vendor.

Select Setup / Vendors
.

Select the vendor, then Edit
.

Select the Accounts Payable
tab.

Enter the beginning balance in Amount
.

Select Enter
.

note

The application doesn't post historical (beginning balance) items to the General ledger. However, these items are available for AP reports.

This article applies to: