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What Do You Owe and They Owe Mean

"You Owe" is the outstanding balance on bills you owe that contact; "They Owe" is the outstanding balance on invoices that contact owes you.

Steps

  1. Go to Contacts and look at the You Owe and They Owe columns for any contact.
  2. A nonzero "They Owe" amount means that customer has unpaid invoices.
  3. A nonzero "You Owe" amount means you have unpaid bills from that supplier.
  4. Both can be nonzero at once for a contact set to "Both" type.

Related Articles

  • How Are Outstanding Balances Calculated?
  • What Does Total Outstanding Represent?
  • What Are Pending Payables in Contacts?

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