Adjusting an asset account

Hi,

It would be very hard to suggest a solution without looking at the books. There could be multiple reasons that AR is negative.

Have you asked the accountants why this number is negative?

I would suggest to connect with an accounting professional for help.

Thanks

Prachi

I don't think they know.  From what I've seen their use of QBs leaves a lot to be desired.  I cannot go back thru 5 years to find all th errors.  I just want to do a ourna entry to bring in line. but sales seems the only account I could possibly use.

You are right. Though it will increase their sales for the year and increase tax payable at year end. Do they charge sales tax?