General Ledger Q&A: Invert Balance Types

May 2023    Tags: General Ledger, Reports

When I run my Balance Sheet Report, I see that some of the accounts are printing the right amount, but show as negative instead of positive. Is there a way to change this?

There is an option to Invert Balance Type. When this check box is selected, it will invert how an account’s balance is displayed on reports from positive to negative or vice versa.

To invert an account’s balance type

1. In the Quick Launch, search for and select “Chart of Accounts.”
2. Double click the account that is printing as a negative.
3. On the Report Options tab, in the Advanced section, select or clear the Invert Balance Type check box.
4. Click Save.
5. Repeat steps 2-4 for any other accounts that are showing as negative and should be positive or vice versa.

Now when you print the Balance Sheet Report, the accounts will show the same amount but will no longer be negative.