Chartered Professional Accountants make journal entries that you match with your A/R ledger. If your former CPA used journal entries to create invoices, then payments made against customer accounts might not have any corresponding invoices. Keeping your account receivables in order by matching payment and invoice is necessary to avoid files with zero balance. Unmatched items on your Account Receivables report can create confusion and jumble things up. In this article, we help you learn how to clear out old accounts receivable in QuickBooks Online and Desktop.
You should clean Account Payable and Account Receivable balances to avoid complexities. With steps detailed on our blog, you can get knowledge on how to adjust accounts receivable in QuickBooks. In case of confusion, you can contact our certified professionals on +1- 855 738 2784 and get an instant fix for your problemsRead More »How to Easily Clear Out Old Accounts Receivable in QuickBooks?