Hi,
I just started using quickbooks and just received a bill from my vendor. The vendor has already been entered in the system with a zero balance. I've also got a credit of $11000 with this vendor that I paid in my previous accounting system.
Should I reflect this by entering a credit? If so, what account should the credit apply to?
Alternatively, it is still possible for me to delete this vendor and recreate with a negative balance.
What is the preferred approach?
Thanks for any help.
-Greg
The preferred approach is assistance from a competent professional accountant with QuickBooks experience. Although you won't get started
**TODAY**, you will probably spend less than half the time now as well as saving many hours that you would otherwise spend later on fixing things and several hours of your accountant's time."Greg Pasquariello" wrote ...
balance. I've
previous
That might be helpful in the global sense, but it doesn't help me now.
-Greg
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