Discussion:
unpaid inventory
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swtstitch
2009-01-09 22:14:17 UTC
Permalink
Does anyone know how unpaid inventory is calculated on the balance sheet
report? My balance statement shows (4,122.95) in unpaid inventory. All my
inventory has been paid for so I don't know where this number is coming from.
I sure would appreciate some help because bookkeeping is really not my
strongpoint.

Thanks
--
Sweet Stitches an online smocking store
flexdog
2009-01-12 23:46:01 UTC
Permalink
it is a liability from open(unpaid or partially paid) vendor bills.
Post by swtstitch
Does anyone know how unpaid inventory is calculated on the balance sheet
report? My balance statement shows (4,122.95) in unpaid inventory. All my
inventory has been paid for so I don't know where this number is coming from.
I sure would appreciate some help because bookkeeping is really not my
strongpoint.
Thanks
--
Sweet Stitches an online smocking store
Bill
2010-03-21 19:51:01 UTC
Permalink
I haver the same problem. My accounts payable balance is zero. This is a
system account #10000. Where can i access it? I tried creating a vendor
credit to clear it but the original balnce remains.
Post by flexdog
it is a liability from open(unpaid or partially paid) vendor bills.
Post by swtstitch
Does anyone know how unpaid inventory is calculated on the balance sheet
report? My balance statement shows (4,122.95) in unpaid inventory. All my
inventory has been paid for so I don't know where this number is coming from.
I sure would appreciate some help because bookkeeping is really not my
strongpoint.
Thanks
--
Sweet Stitches an online smocking store
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