The Recalculate Creditor Balances utility runs through all transactions stored on file for a specific company and recalculates its creditor balances
While running this utility isn't necessary for your Creditors Control to function at its full potential, a Win Accounting Consultant may request that you run this feature in the off chance that creditor balances ago out of synch
Another instance where the Recalculate Creditor Balances utility may need to be run is when any changes are made to your Creditors Control Accounting Periods Table
If accounting periods are modified, this utility will reconsider the new dates added and shift all relevant transaction details into the correct baskets - allowing for accurate and up-to-date age analysis, purchase analysis and more
Using the Recalculate Creditor Balances Utility:
Recalculating Your Creditor Balances
Recalculate specific creditor balances using the filter criteria provided - filter by Creditor Code and/or Group Code
If no filter criteria are entered, this utility feature will scan your entire Creditors Control, recalculating all creditor balances
