Prerequisites

Before you complete the tasks in this section:

• Set up credit and collection date patterns for company 00000.

• Post all invoices and receipts.

• Verify that the UDC values that you want to use to accumulate amounts for bad debt and minor write-offs are specified.

• If you are converting information from another system, you might want to run the Statistics Annual Close program (R03B16A1) to update the invoiced prior year amount.