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Is there a reason why I should not set up comped accounts so that they are
Re: comped accounts
From: Teresa Walters
Date: Friday, December 11, 1998
Time: 3:24:38 pm
automatically invoiced for Credit-Month each invoicing cycle? It looks like
that if I do that, these accounts will not show up on our liability report. I
wanted to make sure whether or not there is a down side to this plan.
Teresa
Shawn Hogan wrote:
> Teresa Walters wrote:
>
> >Aren't comped accounts supposed to be deleted from the liability report?
>
> Nope... As far as the system is concerned, a Comped account is just a
> name... nothing more. If they have invoices, etc. on file, you could owe
> them money.
>
> >If they show up on that report does that mean that we did something
> >wrong?
> >
> >Is the expiration date supposed to change on comped accounts?
>
> Nope, not unless you change it manually. The only way the expiration
> date is changed automatically is from closing an invoice.
>
> >All of mine are showing an expiration date that is the same as the
> >created date.
>
> Which is what would happen if you didn't change it. :-)
>
> - Shawn
>
> -------------------------------
> Shawn D. Hogan
> President, Data Point Solutions
> http://www.data-point.com
> (619) 452-3696
> ICQ: 8319647
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