cancel
Showing results for 
Search instead for 
Did you mean: 
paul13
Level 1

I entered a vendor bill and it's showing up on our balance sheet as Interest Payable. I'm not a QB expert so I just assumed it would show up on under A/P. How do I fix?

 
1 Comment 1
Rustler
Level 15

I entered a vendor bill and it's showing up on our balance sheet as Interest Payable. I'm not a QB expert so I just assumed it would show up on under A/P. How do I fix?

edit the bill, you must have used that account as the expense for the bill, change it to what expense it is

 

If you have a loan, and you are entering interest assessed, and your loan is an interest only loan, then this entry would use interest expense on the bill.

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us