QuickBooks Online – Negative Accounts Receivable! WTF

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QuickBooks Online – Negative Accounts Receivable! WTF

QuickBooks online issue where accounts receivable is a negative amount on the balance sheet. What this means is that something is wrong and QBO shows that customers owe you negative amounts. That can’t be right, accounts receivable is an ASSET account and therefore must be POSITIVE (or there’s a problem or a credit memo refund maybe). This video describes how this happens and shows you how to fix it step-by-step.

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how to fix negative accounts on credit report

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