Specific Vendor Bills & Payment Date Report (Aging after paid?)
More a REPORT "how to" question as opposed to any accounting; we are a property management company and own & manage 10 properties. We run vendor payables run twice a month, the 10th and 25th. Often times invoices are entered with a early to mid month date and paid on the 25th, well under the typical due in 30 days mark. That said, I was asked this morning to provide a report that shows the vendor (of course) the last several months of bills received (time line I can enter via custom date), what the invoice date may have been and the date it was actually PAID. A paid aging? It is managements thought that if we are paying these bills well under the 30 day mark (depending on vendor of course) we should be receiving a discount, ergo, I was asked to run such a report, does one exist so we can view our payment history time line with the vendor? Thanks for any feedback.