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Frequent Explorer **

Credit card balance

My balance on my credit card is zero but my balance in quickbooks is a massive negative number.  Why is that and how can I fix it?

1 Comment
Established Community Backer ***

Re: Credit card balance

Double check to see if the system entered an opening balance equity amount for the credit card when you connected it. Some credit card companies report the connected card balance as a negative number as well. They figure you have a credit limit (positive number) and that you have charged against this line of credit (negative number), thus they report your liability balance as a negative numbers, which can be very confusing.