dealing with desktop 2019 automatic equity accounts & trying to set up member equity accounts

Hi @ken_brooks,

You can create a sub-account for your members equity and members draw accounts the same with your set up. However, I'd still suggest consulting with your accountant to properly record your investment.

In your case, you can run a verify and rebuild data in QuickBooks Desktop to get past the prompt. After running these tools, restart your computer and try creating a sub-accounts again.

I'm also adding this handy article for more information about the QuickBooks Chart of Accounts.

Thanks you for coming into to Community today. Please know that I'm always here if you have other questions. More power and success to your business.

I have the exact same problem.

I tried and run a verify and rebuild date thing but it didn't work. I was wondering if you solved it and what  you did to solve it? Thanks for your time and post!

Thanks for joining the thread, @BAC_J.

The previous agent is trying to set as a parent may be one of the default accounts created for automatically generating balances.

In this case, we can create a new parent account before making a sub-account. We need to make sure that the parent and sub-account have the same category.

To add a sub-account, please check out this article: Create, edit, or delete an account in QuickBooks Desktop.

Of course, I would still suggest consulting your accountant to know the correct accounts to be used.

Also, I can see that this article can be helpful for you to understand the chart of accounts in QuickBooks.

I'm just a few clicks away if you have any other concerns. Take care.

Thank you so much! This was very helpful!I thought I had to use the default accounts and was getting issue above.

 I made new parent accounts and created subaccounts underneath them and worked great!

Thank you again for your quick reply!