Field Description - Vendor Current Balance Amount

The Vendor Current Balance Amount is the amount currently owed to the vendor.  Generally, the Vendor Current Balance should be equal to the total dollar amount of the vendor's open invoices.

Tips:  

• Fund Accounting automatically updates this field.  Do not manually edit the value unless directed to by NDS Technical Support.

• To view the invoice detail that makes up the Current Balance Amount, print an Open Invoice Report for the vendor.

Where-Maintained:  Standard Invoice Post, Permanent Invoice Post

Where-Used:  Vendor Master Maintenance

Format:  -7.2 numeric