Cleaning up Accounts Receivable with Paid Transaction Removal
An important maintenance item that is often overlooked is Accounts Receivable Paid Transaction Removal. Paid Transaction Removal is the process of either removing paid receivables transactions or moving them to history. Most firms have Dynamics GP set to keep history, so Paid Transaction Removal moves Accounts Receivable transactions to history rather than deleting them. This significantly reduces the number of transactions to be processed by Dynamics GP when running Accounts Receivable Aging, and it can provide tremendous speed improvements to the aging process because the aging routine no longer has to work through the pile of completed paid transactions.
Getting ready
To ensure that history is being kept prior to running Paid Transaction Removal, follow these steps:
- In Dynamics GP, select Sales from the Navigation pane. Pick Receivables under the Setup section of the Sales area page.
- Check Print Historical Aged Trial Balance...
