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Jan 05, 2011 at 11:10 AM

Liabilities Ageing report not acknowledging old journal entries

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Hello,

I have just upgraded a system from 2007A SP00 PL48 to 8.8 SP00 PL17. When I ran the Vendor Liabilities report in 8.8 I noticed that one of the business partners has a journal entry and an open invoice. The journal entry has no value when displayed in the report however when i open the journal up, it is showing a debit for the exact same amount as the invoice, but was created as a result of a foreign exchange gain and has not been reconciled against the invoice. The ageing report is showing that the invoice is still outstanding and needs to be paid. However when I run exactly the same report in version 2007, the two amounts are seen to conteract each other and therefore no oustanding amount is shown in the ageing report for this customer. When I reproduce the scenario in 8.8 with a new invoice and new journal entry, the two transactions are shown to counteract and no outstanding balance is displayed.

Does anyone know if there is a problem with old journal entries being recognised in the ageing report in version 8.8 or specifically journals created as a result of foreign exchange rate losses/gains?

Many thanks,

Kate