At the end of each financial year, the company sends a balance notice to its vendors in order to complete the audit process. The vendors either confirm the statement or return it with corrections based on their own records.
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Click Accounts payable> Reports> Transactions> Vendor> Vendor balance notice.
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In the To datefield on the Generaltab, select the date of the vendor balance.
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In the Return datefield, select the date when the vendor has to return the notice.
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Select Print detailsto print the list of vendor's open invoices in addition to the balance notice.
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If required, click Selectto select the desired vendor account and vendor group from the selection criteria.
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Click OKin the Vendor balance noticeform to print the report.
