Hi koshyckoshy,
If Trade Creditors is showing as ($19k) on the Balance Sheet, the brackets usually mean that account is sitting in a negative balance position as at that date, rather than showing a normal amount owing. In practice, that can happen if there’s been an overpayment, a supplier credit, or a payment posted directly to the Trade Creditors account instead of being matched through the usual bill/payment flow.
The best next step is to run the General Ledger Detail report for that same Trade Creditors account using the same date as the Balance Sheet. That will show the exact transactions behind the figure and usually makes it much easier to spot what caused the balance to appear in brackets.
Regards,
Earl
HUGE help to me. Thank you so much for your answer AND ALSO YOUR ADVICE on how to fix it!!
