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Payables Variance drill down shows Component Causing Variance as "Payables Begin Balance"

in Payables, Payments & Cash Management 4 comments

Summary:

Hi,

We went live Jun-25 and data migration happened as of 31-May-25. We closed and reconciled May-25, Jun-25, Jul-25 with no payables Variance in Payables Ledger Reconciliation summary report however, in Aug-25, I see a balance and upon drill down it shows invoices posted in May-25 as part of data migration which are as expected, Validated , accounted and Transfer to Gl. The component causing variance is shown as Payables Begin Balance (as mentioned these are May-25 invoices which are already accounted and transferred).

Moreover, this should have been an exception in May or Jun reco but to show now in Aug-25 is a bit strange?

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