Customer claims are normally considered short-term claims in the balance sheet. If there are invoices with due dates more than one year away from a specific date, they must be reclassified as long-term claims. This activity creates a report showing customer invoices, difference items, and bills of exchange (BoE) that have due dates on or past a specified number of days after a given reference date.
The invoices, difference items, and bill of exchange must have an open ledger status to be included on the report.
As a result of this activity, the report is either printed on paper or displayed on the screen.