Brooke's Books - Intro to Accounting
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      Intro to Accounting - Assignment 5

      My student's AP Aging Report doesn't match the answer key. How do I locate and fix the error?

      With the Intro simulation using the cash method of accounting, the posted payables will not affect the final outcome of the simulation. However, if mistakes were made when creating the payables, these transactions can be edited by using the pencil icon.

      • Navigate to Expenses > Payables
      • Scroll down to view the posted payables and click the pencil icon next to the payable that you wish to edit
      • Edit the details and click "Update Payable"

      After the payables have been edited, review the AP Aging Report again to verify both payables have been correctly posted.

      Note: If a payable has been voided, the transaction will need to get reposted as a voided AR or AP transaction that uses the cash method of accounting will not appear on the ledger.