cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Established Member

Balance Sheet not showing equity

For some reason my balance sheet never solves for owners equity, even from day 1 of setting up my company. My opening balance is zero and the first dollars funding the business were via a bank transfer. I've reconciled all my transactions to my bank and credit card statements. I feel like I'm missing something fairly simple but can't figure it out. Does anyone have an idea why quickbooks wouldn’t automatically calculate the equity and how to fix this?

1 Comment
Established Community Backer ***

Re: Balance Sheet not showing equity

Are the account titles printing at all?  Check to insure that you do not have it set to ignore zero balance accounts if so.  Zero equity should only happen if total assets = total liabilities, is that true?

 

Open the chart of accounts, are there equity accounts showing? Do any of them have a balance?