Supplier debts are normally considered as short-term debts 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 debts. This activity creates a report showing supplier 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.
This activity can be performed by accessing Long-term Supplier Invoices page from the navigator.
The invoices, difference items, and bill of exchange must have on 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.