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Level 1

How to change/view a vendor's current balance start date?

How to change/view a vendor's current balance start date? After creating a vendor I am unable to edit or view the current balance start date.

4 Comments
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Anonymous
Not applicable

How to change/view a vendor's current balance start date?

Yes, that's because you can only create a current balance as you create the vendor.  After that, if you did, there is a transaction in the vendor's history that created the balance.  You can see and edit the date and amount by editing that transaction (likely a bill) and changing it.

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Level 15

How to change/view a vendor's current balance start date?

You don't want to ever enter Beginning Balances. You want the balance owed to come from Transactions.

 

Make the names and enter their contact info, etc. Then use Bill (for vendor) or Invoice (for Customer) and list the details for why someone owes someone else. Put real info here.

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Anonymous
Not applicable

How to change/view a vendor's current balance start date?

And what if you did create an opening balance, how can it be removed?

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Moderator

How to change/view a vendor's current balance start date?

Thanks for coming back to the Community, hjspence.

 

I'll join in this conversation to help you delete the vendor's opening balance.


Once you create a new vendor and put an amount in the Opening Balance field, QuickBooks Desktop will automatically add a bill transaction for the vendor. To remove this balance, you'll have to delete the bill.

 

Here's how:

  1. Go to the Vendors menu, then choose Vendor Center.
  2. Click the vendor's name.
  3. On the Transaction tab, double-click the open bill.
  4. Click the Delete button at the top, then OK to confirm.

Once done, the vendor's balance will show as zero.

 

That should get you back on track. I'm always here if you need anything else. Please feel free to ping me in the comments below.

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