The Transaction Review checks all your transactions, based on a variety of criteria, for the selected date range. The Start Date defaults to the first day of the current fiscal year and the End Date to the current session date. You may change the date range if you wish. Click Run Review to start the Transaction Review.
The total of all the balances from all your customer cards is compared to the current balance of the linked receivables account. (You specified the account that is your linked receivables account in the Sales Linked Accounts window.) A question mark and a Display button appear if these two amounts are not identical.
Click Display to open the Receivables Reconciliation Exceptions report.
The total of all the balances from all your vendors is compared to the current balance of the linked payables account. (You specified the account that is your linked payables account in the Purchases Linked Accounts window.) A question mark and a Display button appear if these two amounts are not identical.
Click Display to open the Payables Reconciliation Exceptions report.
The total of all the on hand inventory values is compared to the current balance of the linked inventory account. (You specified the account that is your Asset Account for Item Inventory in the Profile view of the Item Information window.) A question mark and a Display button appear if these two amounts are not identical.
Click Display to open the Inventory Value Reconciliation Exceptions report.
A question mark and a Display button appear if there are any transactions dated after the current session date.
Click Display to open the Future Dated Transactions report.
A question mark and a Display button appear if there are any customer or vendor payments dated before the invoice/purchase date and the payment date is within the date range specified for the exception review. This excludes
deposit payments, which are included in the
Scan for deposits paid review.
Click Display to open the Prepaid Transactions report.
A question mark and a Display button appear if there are any sales or purchases orders that have deposit payments attached to them and the payment date is within the date range specified for the exception review.
Click Display to open the Deposit Transactions report.
There can only be results for this type of exception if you activated the Audit Trail Tracking preference in the Security view of the Preferences window. The tracking system records specific transactional, tax, accounts and system changes. (Changes and entries recorded by Audit Trail Tracking)
A question mark and a Display button appear if any of the changes that the audit trail tracks occurred.
Click Display to open the Audit Trail report.
Job exceptions exist only if you selected the preference Warn in Jobs Are Not Assigned to All Transactions in the System view of the Preferences window.
A question mark and a Display button appear if there are any cash transactions that have a provision for a job number and no job number was entered.
Click Display to open the Job Exceptions [Cash Transactions] report.
Job exceptions exist only if you selected the preference Warn in Jobs Are Not Assigned to All Transactions in the System view of the Preferences window.
A question mark and a Display button appear if there are any invoice transactions that have a provision for a job number and no job number was entered.
Click Display to open the Job Exceptions [Invoice Transactions] report.
The total of the accrual payroll transactions that are unpaid is compared with the current balance of each of the payroll payables linked account. (Your Default Withholding Payables Account is selected in the Payroll Linked Accounts window. You can select a different linked account for each payroll category in the Deduction Information window, Employer Expense Information window or Tax Table Information window.
A question mark and a Display button appear if these two amounts are not identical.
Click Display to open the Payroll Liabilities Reconciliation Exceptions report.
