The Account Status option located in the right mouse button menu of the G/L account is used to track the current status of current accounts and current accounts in F.C. Account details are displayed on the Debit and Credit fields of the account status window. The fields and functions of current account records are:
Total Checks Issued: Displays the total amount of the company's collected and not collected checks.
AR/AP Total: Indicates the AR/AP total.
Total Cash: Displays the totals of collected checks included in the AR/AP Total and Collected fields.
Collection/Clearing Total: Displays the totals of collection P. notes and clearing checks.
General Total: Displays the Debit, Credit and Balance totals calculated by processing the Total Cash and Collection/Clearing total fields.