Why would my receivables be a negative in my general ledger?
submitted by sue

frembles

A negative receivable usually means you got more money back from a customer than what they owe you, maybe because of a refund or an accounting mistake.

julius

If your receivables are negative, it probably means you were paid too much by a customer. It could just be a mistake, or it could be because your company issued a credit that was bigger than actual bill. It's like your account is showing you owe money back to the customer, which can happen sometimes.