This report is a letter that can be sent out to your customers in the form of an audit to verify the balance that they owe you on a particular job. Space is provided at the top of the letter so it can be printed on company letterhead. This report is designed with the assumption that the AR module is being used.
Report Date Prompt is used on the report for the date of the letter and the as of date in the body of the letter but is NOT used as cutoff criteria. Any costs posted to a job that fall within or before the Current Month listed in the JC Settings > Accounting Date will be included in the amounts listed. Since JC posts one month ahead the formulas for Work Billed, Retainage Held, Payments Received and JTD Costs (which is used in the % complete formula), are calculated as the JTD amounts less the NM amounts.