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Johnf0614
January 24, 2023
Question

Negative Account Payable Balance

I have an old negative account payable balance that was used to post scholarship payments. The account payable account is no longer being used any longer and the negative balance still exists. What is the easiest way to clear out the negative balance?

1 reply

Maybelle_SQuickBooks Team
QuickBooks Team
January 24, 2023

Hi there, @Johnf0614.

 

I can see here a duplicate post with the same issue. I'd suggest following the response provided by my colleague through this link: https://quickbooks.intuit.com/learn-support/en-uk/transactions/clear-negative-interest-payable-balance/01/1200273#M19702.

 

The Community is always here if you need more help. Have a good one.

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