Accounting Procedures Handbook

CAPITAL ASSETS 11.5 ASSETS Check the invoice dates against the inservice dates – both should be in the same month. If they are not in the same month like FA011843 below, the inservice date should be changed to that of the invoice date – see next example Change to 5/15/14 Once all of those are changed, run the AP3001Fa for the month you are examining. You will need to go back and review at least the previous two months as well because the report changes. It is based on the invoice date and invoices can typically be paid for up to three months after the date on the invoice.