Update Contract/Account Agings

Program #:   576

Module:    Accounting

Overview

Use Update Contract/Account Agings (program #576) to update the status of invoices. When you run the aging process, SBN

• Places groups of invoices in the appropriate aging level

• Calculates results for each account number and for each contract number

You can view the current aging status for each account in

• Invoice Status — in Contract Master

• Collections — in Contract Master

• Service Aging — in Data Entry

To access this program, select Update Contract/Account Agings (program #576) from the main menu of SBN.

Options

Use the following options to define how this program handles aging:

• Option bl067 — use this option to define the number a days an invoice may be past due before it goes to collections

• Option bl078 — when this option is on, SBN runs the aging process each time an invoice batch is created

• Option schpayag — when this option is on, SBN includes special payment schedules in the aging process

Note: If this option is on, you must define option bl002 as due_date.

The Update Contract/Account Agings Window

The following graphic shows Update Contract/Account Aging as the program opens.

Column Descriptions

The following table describes the columns in this window.

Running the Aging Process

Use the following steps to run the aging process:

   1.    From Update Contact/Account Agings (program #576), choose Aging.

‰    The window displays the actions taken by SBN during the aging process.

   2.    Choose Exit to close the window.

Modifications and Updates to Update Contract Account Agings

The following table lists modifications and updates to the Update Contract Account Agings document.