About Payables on the Dashboard

This section of the Dashboard displays information on invoices with status of:

• 1-Open.Indicates a record posted to the general ledger.
• 2-Review.Indicates the management or bookkeeping staff should review the record.
• 3-Dispute.Indicates a record disputed by the client.

It also displays information about the invoices in four ways:

• Invoices Due in 7 Days.Today is the first of the seven days. If today is Sunday, then this number represents the total amount due from and including today, which is Sunday through and including the following Saturday.
• Invoices Due in 30 Days.Today is the first of the thirty days. If today is the tenth day of the month, this number represents the total amount due from and including today through and including 29 more days.
• Invoices Overdue 1-30 (overdue one to thirty days)—This is the same as an aging report.
• Invoices Overdue > 30 (overdue more than thirty days)—This is the same as an aging report. The amount that the Dashboard presents is the sum of AP Invoice Aging report, 31-60, 61-90, and 91—120+ columns.

When reviewing the information contained in this section, it is important to remember that the amounts are “net due;” that is, if retention exists, then it is excluded.