A/P Aging Summary

What to Do When the Accounts Payable Account Does Not Balance

I came across an unusual problem that an Enterprise Solutions client had, which had me baffled for awhile. The Accounts Payable amount on the Balance Sheet (61,954.21) did not agree with the Unpaid Bills Report amount(68,358.63). The Unpaid Bills Report also represents the A/P Aging Summary. Now how could the QuickBooks Accounts Payable account not agree with the Vendor’s payable...

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