Balancing AP trade accounts to the GL

November 24, 2019

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Q. Can everyone share their processes for balancing their AP trade accounts to the GL? I am having a few issues, one having to do with our international payables and FX rates. But even when I factor those out, I don't always balance back to the GL. I am trying to tie our AP trade GL to the open payables 'as of' our end of quarter date. 1. Does anyone else provide this information to CFO or senior management teams? 2. If so, how do you present the data in a meaningful way? ----- A. (From the…

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