Checking account is not seen in consolidated balance sheets because it's not classed.
Hey there, terri33.
I can show you how to how to add your account as a new class, remember, it’s best to keep it simple. Too many classes can sometimes become time consuming to work with. And the more straightforward your classes are, the easier it is to understand your reports.
Note: Only admins in QuickBooks Plus and Advanced can create classes. If you don’t have Plus or Advanced, it’s easy to upgrade your plan once you’re ready to use class tracking.
Go to Settings ⚙ and then All Lists.
Select New. Give this class a name.
To add a sub-class, select Is a sub-class and select the main class. You can nest up to five classes.
Class in QuickBooks Online isn't set by an account in the Chart of Accounts it depends on the setting you've used. If you used the class as a line item, this means that the class will be consolidated on the accounts affected by the line item in the transaction.
While the Checking account can't be classed since it doesn't list on the line item. However, if you set the class by transaction this means that the class will be applied to all affected accounts in QuickBooks.
If you assign classes to your transactions, you can customize your balance sheet to show data for a specific division and know that classes are only linked to details.
I've added these resources that will help you manage your balance sheet by class in QuickBooks: