Question
I have an account balance (hold from PayPal) for $3607.48. It is still showing in my quickbooks balance. The actual correct balance is $2.29. How do I reconcile this?
I am cancelling the PayPal account - I no longer need it. The funds were paid out - Quickbooks picked it up from PayPal. Should I just enter a correction for (3605.19) in chart of accounts?
