AP to General Reconciliation Report

Summary

How is the Payables Variance figure derived on this report?

Content

I am trying to identify the source of the "Payables Variance" figure on this report.

The Invoice, Payment and Prepayment figures in the Payables Amount column equal the Accounting Amount column so I presume the Payables Variance comes from the calculation begin balance + invoices - payments - prepayment - closing balance.

So how are begin and end balance calculated?

The variance is shown under the "Payables Amount" column so my assumption is that the value is in AP and not GL - is this reasonable?

Thanks.

 

Version

Cloud 19D