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Adjust the current balance for a vendor

by Intuit1 Updated 9 months ago

The most common cause of an incorrect vendor balance is a transaction error.

To find out where an error may have occurred, create a Vendor Balance Detail report.

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  1. Go to Vendors and select Vendor Center.
  2. From the Vendors list, select the vendor then go to the Transactions tab on the right.
  3. Select the Show drop-down then choose Balance Details.
  4. (Optional) Use the Filter by and Date drop-down arrows to narrow the transaction list further.
  5. Review the transactions.

If the balance is too high: You may have entered a bill and created a check to pay for it instead of going through the Pay Bills window. See Bill shows as unpaid after writing a check for details and recommended troubleshooting steps.

If the balance is too low: You may have entered the wrong amount in a transaction. Find the bill or bill payment in the Vendor Balance Detail report then edit it.

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