How do I get a report of "Owner's Equity" in QB for MAC

aldonh · ‎December 10, 2018

How do I generate a report detailing all of the owner's equity of a business? We use the debit card of the sole proprietorship to make purchases.

Thanks

ljkbooks · ‎December 10, 2018

Hello,

I never used the Mac version and not sure. But, in the Desktop version, there are two ways to do this. One way, is to pull up the Balance Sheet. Equity Accounts are on the Balance Sheet. Double-click on the Balance.

The other way, go to the Chart Of Accounts. Right-click on Owner's Equity and select QuickReport.

Laura Kaniuk - LJK Bookkeeping Services

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ljkbooks · ‎December 10, 2018

Hello,

I never used the Mac version and not sure. But, in the Desktop version, there are two ways to do this. One way, is to pull up the Balance Sheet. Equity Accounts are on the Balance Sheet. Double-click on the Balance.

The other way, go to the Chart Of Accounts. Right-click on Owner's Equity and select QuickReport.

Laura Kaniuk - LJK Bookkeeping Services

SkinnyRaven · ‎December 10, 2018

Works the same in Mac.

DEmbry · ‎December 10, 2018

Laura,

Thanks for these pointers for Owner's Equity accounts report... but I guess we can not generate in Quick Books an actual "Owner's Equity Statement" similar to Balance Sheet and Income Statement?

Thank you

ljkbooks · ‎December 10, 2018

Not really. The P&L shows all Income and Expense Accounts.

Balance Sheets shous all Asset, Liability and Equity Accounts.

Owner's Equity is just one type of Account which is just an Equity Account.

Laura Kaniuk - LJK Bookkeeping Services

DEmbry · ‎December 10, 2018

Thanks Laura, that's what I tough. I'm from the old school. I learned bookkeeping with long green accounting pads of papers & double entries made by hand. The process included and preparing Owner's Equity Statements as well as B/S & Income Statements.

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How do I get a report of "Owner's Equity" in QB for MAC