Question

Accounts Payable setup

Forum|Forum|1 year ago
December 19, 2024
1 reply
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I've set up an accrued AP account but the JE is requiring a vendor (no biggie) except - now I have that liability on both my balance sheet and in the Vendor AP - I've looked to change the settings from cash to accrual but have not been able to find the setting in these particular books

QuickBooks Desktop

A

Amanda-B

Hey there, Stewart7028.

I appreciate you taking the time to join us her in the Community. Making sure your accounts are set up correctly is an important part in maintaining clean books. I suggest taking a look at these guides as they contain valuable information.

1. Differentiate Cash and Accrual basis

2. AR or AP account in the same transaction

3. Resolve accounts receivable and accounts payable balances on a cash basis balance sheet

I hope this helps!

Feel free to reach back out if you have any other questions.