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Join nowWe just switched to QB Online Advanced. We had to backup our QB and then restore. The restored numbers are off from my original. There is a $1200 bank balance, which I believe I can find. But, my Balance sheet is off by almost $4,000,000. I believe it has taken expenses for multiple years instead of my current information. I am really at a loss as to how to fix this. Can I just make an "adjustment" to get me back to correct for this year? Not sure how to fix this.
Hello, toni.vogt.
I'll help clear things up for you why the Balance Sheet is off balance. Your total assets should match your total liabilities on your Balance Sheet. If your Balance Sheet isn't balancing correctly, you can troubleshoot the issue:
You can refer to this article as well: FAQ: Basic troubleshooting for balance sheets.
When you're in a situation where the Balance Sheet report is out of balance, you keep these articles for reference:
Let me know if you need further assistance by leaving a comment below. I'll get back to you as soon as I can. Stay safe!
Thanks for the advice. I am still working on it.
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