How could the balance sheet for Accounts Payable be different from the Accounts Payable Aging total for the same period?

AI generated answer (using internal Slack threads):

The balance sheet for Accounts Payable could be different from the Accounts Payable Aging total for the same period due to several reasons: 1. Manual Journal Entries: If there are manual Journal Entries (JEs) in your balance, these are excluded from the AP Aging report, which could cause a discrepancy. 2. Date/Period Mismatch: Financial reports, like the balance sheet, are based on the posting period, while the aging reports are based on the transaction date by default. If you allow a date/period mismatch, you'll have variances. You can change Aging reports to be based off transaction date or due date in Accounting preferences. 3. Account Filters: The standard AP aging report includes ALL accounts of account type "Accounts Payable”. If you add a filter to filter for only the AP account that matches to the Balance Sheet account you want to see, this could cause a difference. 4. Transaction Types: The AP Aging report shows unpaid bills in AP. If there are transactions that have been paid, these would not show up in the AP Aging report but would be reflected in the Balance Sheet. 5. Consolidated Exchange Rates: If you're dealing with multiple currencies, the consolidated exchange rates could cause differences. Financials will take the Consolidated FX Rates of whatever period you have in the "As of" selector for the balance sheet. If your consolidated rate changes from one month to another, the same dollar amount unconsolidated is going to show up as two different amounts consolidated. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******

actual issue was user's preference didn't have reports by period set to All Reports. When this is set to Financial only, the reports don't match.