deli0561
May 11, 2012, 09:36 AM
How do I delete an old invoice from a vendor when the books have been closed for that year?
aliseaodo
May 11, 2012, 10:22 AM
Why does it need to be deleted? (bad debt, incorrect amount, etc... )
pready
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.