Preventing Future Posting of Payables MPA
Our AP subledger setup has the next open month as future enterable for certain rent payments we make. This past may, an associate made an error when running the Create Multiperiod Accounting job, and rather than selecting May-2022 as the period, selected June-2022 instead. This was the first time the AP team had run MPA in the month.
This resulted in a large accounting issue on our end, with two main problems:
1) Invoices that first appeared in AP in may with full prior period amortization (ex. MPA Start 01/01/22, MPA End 03/31/22, created in AP on 05/10/22) posted their expenses into June instead of May.