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Ralphthefluffycat
Level 3

How to adjust to correct a negative amount in a 'payables' account

How do I fix a negative amount in a payables account?

 

I have a client paying sales taxes a couple times a year. They DO NOT track the 'payables' as they go. They just pay whatever taxes are due when the time comes, but they've been putting it to the 'sales tax payable' account, which results in a negative balance.

 

What do I need to do to fix this?

 

Thanks!

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