I have a client that needs some old items on their AP Aging cleaned up. There is a one vendor with an Item Receipt from 2016. There is also a bill of the same amount that has been paid, so we cannot select Bill Received and address it that way. I can see that we can Delete or Void the Item Receipt, but I assume it will affect 2016 financials which we don't want. What can we do to get rid of the Item Receipt from 2016 so it won't show up on the AP Aging AND have the impact of whatever we do be reflected in 2020 and not 2016?
It's great to see you back in the Community. I'm here to help resolve the issue with a 2016 Item Receipt. Don't sweat it. It's a simple process.
To properly remove the Item Receipt, I recommend deleting the transaction and then doing a mini-reconcile to correct your books after. Note: I suggest consulting with your accountant to be sure. They'll be able to give you the best accounting advice for your business. If you don't have an accountant, check out this link to find one near you.