If you use Accounts Receivable in Windows:

- There is not a billing run to close so no action is required.

If you use Classic Accounts Receivable:

- The normal cycle for closing billing runs is on a monthly basis.  A billing run MUST be closed prior to entering the next period's transactions, because the system is not date dependent.  If the billing runs are not closed and transactions are entered for the next period, those transactions will show up on the aging report as current transactions.

ie: If the June billing runs are not closed and July transactions are entered, July transactions will be in current bucket with June transactions.

Transaction Reports print the detail prior to the closing billing runs.  This report also prints the summary after the closing billing runs.