Open Item vs Balance Forward Account Type

[SeisaT]

I have a client who wants to maintain or reflect each and every transaction in a statement regardless of whether it has been fully paid/applied or not.

Will this be possible if they choose "Open Item" for account type? In other words, will all the transactions be reflected in the monthly statement?

I realise that AR 5.3a has an option to "Include Paid Transactions for Open Item Accounts". Will this feature resolve this requirement?

Can the "Account Type" be switched at will? What will be the effect if this is possible?

Rgds,
SeisaT

 

[jayconverse]

Yes, you want open item, and include paid transactions.

You can change it at will, but it will make the statements look pretty weird.

Jay Converse
IT Director
Systemlink, Inc.

 

[SeisaT]

One problem solved and a real boost in my morale - Thanx Jay.

Rgds,
SeisaT