Hello,
I am trying to clear some small AP vendor balances and I need some help.
I originally created a journal entry and adjusted the balances to $0. But then I noticed that even if the amount was at $0 the bill still appeared as over 90 days on my aging. I reversed the entry as I thought there had to be another way. I also tried a vendor credit but again the amount keeps showing in 90 days and over. As I keep reading I find that I was doing it originally right and all I was needing was to check the credit on the pay bill section but now as I posted and reversed the entry It does not appear on the pay bill section to select the credit.
How can I write off these payables correctly and take them out of my AP Aging?
Also, what is the relationship on the Expense/vendor tab between the the total under the vendor name on the left column and the total when I see the detail transactions vendors on the right? Shouldn't these amounts be the same? If I took a vendor payment transaction directly from the bank and applied it to the vendor while coding it to the payable account it shows up as an increase in payable on the transactions to the right but the vendor balance is correct on the left column. Please help me understanding this relationship.
