Account with $1600 balance, shows -$40,481.89 in Bills & Income ?????

I have a savings account I pay two monthly bills from. It;'s current balance listed in the accounts side bar is $1616.59, in the Upcoming Bills there is one transaction on that account for $896.40. It shows a closing balance after that transaction of $-40,481.89.

I have no overdue transactions on that account. Any ideas what might be going on?

I have done a Validate and Repair that found one error BEFORE this behavior began. When I run a validate and repair against the file as it is now, it passes cleanly.

Any ideas?

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