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.

  1. Click Accounts payable> Reports> Transactions> Vendor> Vendor balance notice.

  2. In the To datefield on the Generaltab, select the date of the vendor balance.

  3. In the Return datefield, select the date when the vendor has to return the notice.

  4. Select Print detailsto print the list of vendor's open invoices in addition to the balance notice.

  5. If required, click Selectto select the desired vendor account and vendor group from the selection criteria.

  6. Click OKin the Vendor balance noticeform to print the report.

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