There are a number of reasons why this may happen. One reason may be due to journals posted to the creditors control account. If a journal is posted to the creditors control account, it changes the value on the nominal code. However, the same value is not reflected anywhere in the supplier's record, and as a result does not affect the aged creditors reports, resulting in the discrepancy. Under normal circumstances, you should not post journals to the creditors control account. The only time this should happen is when entering and reversing opening balances. |