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    deli0561's Avatar
    deli0561 Posts: 4, Reputation: 1
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    #1

    May 11, 2012, 09:36 AM
    Reconciling Accounts Payables
    How do I delete an old invoice from a vendor when the books have been closed for that year?
    aliseaodo's Avatar
    aliseaodo Posts: 1,671, Reputation: 259
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    #2

    May 11, 2012, 10:22 AM
    Why does it need to be deleted? (bad debt, incorrect amount, etc... )
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #3

    May 11, 2012, 11:24 AM
    When your books are closed at the end of the year you are only closing Income Statement accounts, otherwise known as a temporary accounts. I.E. Revenues and Expense accounts.

    Accounts Payables is a Balance Sheet account otherwise known as a permanent account and will not be closed.
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