• From: Pakistan
  • Registered: 05/05/2018
  • Posts: 147

Topic: How we can enter negative amount in journal Entry

hey,

can you please help me for this, i have add a new company and want to add Balance Sheet in preceding year e.g 2018 to encounter in 2019, but one or two figures in balance sheet in NEGATIVE amount like this;

Received from Party A                             5000
Less: Advance Received from Party A       (1000)
Total Received during the period        =    4000

how can i encounter this -1000 in journal enter because when i enter negative figure its say, not less than zero figures can be added
the above 2 item added in COA

please help me for this i need it urgent,

regards

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,160

Re: How we can enter negative amount in journal Entry

Switch from Credit to Debit and vice versa as needed.

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