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Subject Author Date
Accounts Payable Register Ending Balance JB 02-07-2007
Posted by JB on February 7, 2007, 10:52 am
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 The ending balance in the Accounts Payable Register is described on
page 254 of the QuickBooks 5.0 for Mac User's Guide as being the total
amount we are owed (the unpaid invoices minus any unused customer
credit). This doesn't make sense to me. Is it instead the balance
left in the checking account after each bill is paid? Thank you for
your help.


Posted by scfundogs on February 7, 2007, 11:19 am
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> The ending balance in the Accounts Payable Register is described on
> page 254 of the QuickBooks 5.0 for Mac User's Guide as being the total
> amount we are owed (the unpaid invoices minus any unused customer

This isn't "customer" but "vendor" credit. This happens when your
vendor issues you a credit for returned/broken/damaged goods or if they
just made a pricing error.

> credit). This doesn't make sense to me. Is it instead the balance
> left in the checking account after each bill is paid?

The A/P has nothing to do with the checking account balance.

--
Tara


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