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Retention reclassifiaction is not date sensitive which causes AR to be out of balance with GL

out of balance accounts payable to general ledger when ap aged payables was run second time because of retainage reclassification.  support said reclassification of retainage is NOT date sensative!!!  PLEASE fix this ASAP. 
  • Guest
  • Apr 23 2018
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  • Guest commented
    May 14, 2021 20:00

    Yes, any construction company truly should not use this software. Manually having to adjust AP report every year end when financials are completed is ridiculous. Auditors have to rely on system reports and sad when auditors cannot even rely on an AP report from the system that ties to GL. This is about as basic as you can get.

  • Guest commented
    May 08, 2018 13:21

    This is a huge issue for us! We just completed audit and our auditors could not believe the way Spectrum now processes the retainage app. IT IS SO WRONG!!!

     

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