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Tommycaine
February 12, 2025
Question

Cash on hand shows a value in ( )

  • February 12, 2025
  • 1 reply
  • 0 views

I am new to accounting and I am asking for assistance on my inquiry, please.

 

On my balance sheets, section of assets > cash on hand; it shows a value in ( ) ?

Does this mean that it's a negative number or more cash on hand ?  I'm really confused... Please assist 

1 reply

BigRedConsulting
BigRedConsulting
February 12, 2025

Yes, that's based on the report preference for how to show numbers. It may be set that way in your defaults in Preferences.

    T
    TommycaineAuthor
    February 12, 2025

    No, the settings are default. 

     

    Our prior few months have shown a value without parentheses, meaning

    Cash on hand 32,000.00 but now it shows (32,000.00) which it doesn't make sense?

     

    Please assist 

    BigRedConsulting
    BigRedConsulting
    February 12, 2025

    To change the way amounts appear on the report, click the Customize button at the top of the report, then click the Fonts & Numbers tab, and then in the Show Negative Numbers box, select "Normally" and note the Example.  Then Click OK to rerun the report.

     

    Does that fix it?

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