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PinkAng0529
Level 1

Vendor checks showing an open balance

Good evening,

I have entered checks to record transactions instead of entering bills.  When I look at the Vendor transactions in the Vendor Center, those checks show an open balance.  What do I need to do to have a 0 open balance?

Thank you,

Angelia

3 Comments 3
JessT
Moderator

Vendor checks showing an open balance

Welcome to the QuickBooks Community, Angelia.

Thank you for your screenshot. All it shows is just a list of check transactions with amounts. However, they don't add up to the vendor's balance. It's just a list. You may want to change the SHOW filter to All Transactions.

 

 

Feel free to go back to this thread if you have other questions in mind.

1427-877
Level 2

Vendor checks showing an open balance

I know this is an old post but just wanted to say that I have the same thing in Desktop Enterprise.  It's really annoying to see checks written for vendors and the "open balance" column to not show zero.  Serious oversight on QB's part.  Yes, you could hide that column, but then you wouldn't see open balance for bills in the vendor center.  I've used QB's for nearly 20 years and it's always been the same.  You'd think Intuit would fix this.  Maybe one century!

MirriamM
Moderator

Vendor checks showing an open balance

Hello there, 1427-877. I appreciate your input from every angle.

 

I would like to provide you with some details regarding the outstanding balance of the vendor. 

 

The figures displayed in the Balance Total column on the Vendor Center indicate the sum of money that you are liable to pay to the vendor. Please note that the check amount will not be included in this balance.

 

You may also consider running the Vendor Balance Summary report to see what is your company's current balance with each vendor.

 

To run the report, here's how:

 

  1. Go to the Reports menu at the top.
  2. Select Vendors & Payables.
  3. Choose Vendor Balance Summary.
  4. Set the necessary filters.

 

In QuickBooks, you have the option to save customized reports so that you don't have to go through the customization process again in the future. By saving the report, you can access the same settings and filters that you used previously. For more details about this, see this article: Create, access and modify memorized reports.

 

If you need help managing your vendor totals or performing specific tasks in the program, we would be happy to assist you again. Please feel free to comment below, and we will respond promptly. Take care and stay safe.

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