I have old accounts payable amounts from a prior year. For example, I have a vendor that was paid in advance by check in January 2017 for say $1000.00. It was an emergency service call and they were not sure what the total would be at the time so the owner just wrote a check for the amount.
However there was never a vendor invoice recorded so there is a $-1000.00 on the vendor account on AP. The year has been closed by the accountant and the taxes filed.
How do I remove this?
However there was never a vendor invoice recorded so there is a $-1000.00 on the vendor account on AP. The year has been closed by the accountant and the taxes filed.
How do I remove this?