How to clear old accounts receivable
I have a client who has 4 years of old accounts receivable where invoices and payments applied are in error. None of it is valid. Is there a way to clear all of the detail quickly? Do you need to go and clear by each transaction? It is hard to even follow the trail of what has happened. His CPA tried to use a journal entry, which still leaves all of the details in QuickBooks. Is there a better way?
