#Delete credit memo quickbooks plus

Let me know if you have other questions or concerns. Please refer to this article to see information on how Chart of accounts organizes your transactions: Understand the chart of accounts in QuickBooks.Īlso, I'm adding a few references here for ideas in managing your reports and transactions: Reports and Accounting for QuickBooks Desktop.

If this is not the case, you'll have to edit the posting bank account. It debits the bank account and credits the A/R by default. you'll have to make sure that the transaction is posted into the same bank account with the negative balance. Hi R Thompson The unapplied ACH payment, which is normally shown as a deposit in the customers profile, is already saved as a credit/overpayment.

Double click the transaction to open it.įrom here.

Go to Lists, and select Chart of Account.

Let's start by pulling up your transactions from the register of your negative account. He/she can share the appropriate steps for you to take to fix the negative balance of your bank account and also she/he can take a look at how this account is set up and make a Journal Entry crediting the A/R account, so this will balance the account to zero. But before doing so, I'd still recommend reaching out to your accountant. Once done, you can now apply the vendor credit to your bill.

#Delete credit memo quickbooks plus

Here's how: Click on the Plus (+) icon, choose Vendor Credit.

However, before applying for the vendor credit, you'll need to enter it in QuickBooks. This way, we can identify why your bank account is showing in your Balance Sheet with negative numbers. Vendor credits can be used to pay to next bills.