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unpaid inventory

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swtstitch

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Jan 9, 2009, 5:14:17 PM1/9/09
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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

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Jan 12, 2009, 6:46:01 PM1/12/09
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it is a liability from open(unpaid or partially paid) vendor bills.

Bill

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Mar 21, 2010, 3:51:01 PM3/21/10
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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.
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