AR Aging

When I run an AR Aging Report in NetSuite report – the report is showing the billable expenses in the income statement account vs showing the amounts in the actual A/R account. How can I fix this?

Rookie Asked on April 12, 2023 in Accounting.
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Hello,

There are a few things you can check below:

  1. Have you checked the approval status?
  2. Has the expense report been added with a customer in the line?
  3. Has the expense been included on a billing record?

All of these would lead to the expense still being included on the Income Statement and not on the AR Aging – as there is no customer to credit.

Rookie Answered on April 17, 2023.
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