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Buy nowThank you for reaching out regarding the negative days in the aging of payables, Maria. Allow me to share some guidelines to fix this issue.
Negative days in aging on payables indicate data entry errors caused by two things:
To correct this, you must enter the missing invoices or bills before you can apply the payments to them.
To find unapplied payments, here's how:
After identifying unapplied payments, you can apply them in accounts payable.
Here's how:
For future use, feel free to review this module about managing Accounts Payable: Accounts Payable automation in QuickBooks Online
Don't hesitate to comment below in case you need more guidance with handling A/P in QuickBooks Online. I'm here to back you up as soon as I can. Keep safe always!
Aging doesn't start until the bill is past the due date. Prior to the due date, aging is negative.
"Negative days in aging on payables indicate data entry errors caused by two things:
-An accounts payable or accounts receivable transaction has affected the balance sheet account
-There's an unapplied payment"
Yikes! Have you even used QB? Those answers are incorrect and you're creating more work for your customer. Does anyone at Intuit screen these responses?
Hi IS there anyway to have the clock start day 1
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