The accounts receivable section in the Balance Sheet report displays the outstanding receivables for the selected period. However, if you’ve recorded payment for transactions created for a future date, those payments will be tracked under unearned revenue. To calculate the closing balance for the selected period, subtract the accounts receivable from the unearned revenue.
The closing balance in the Customer Balances Summary report includes the outstanding receivables of your customers as well as their unused credits.
If you want to view the accounts receivable in the Customer Balance Summary report, you can customise the report add the Receivable Amount column to the report. Here’s how:
The Receivable Amount field will be added as a column in the Customer Balance Summary report.
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