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Tommycaine
Feb 12, 2025 12:17 AM UTC
Question

Cash on hand shows a value in ( )

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 

17 replies

BigRedConsulting
BigRedConsulting
Feb 12, 2025 1:17 AM UTC

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

    TommycaineAuthor
    Feb 12, 2025 1:47 AM UTC

    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
    Feb 12, 2025 5:15 AM UTC

    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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