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Damage deposit
Level 1

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

 
7 Comments
Joseph_A
QuickBooks Team

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

I'm here to assist you with you, @damage deposit.

 

It could be that the date range of the Snapshots is different from the date range in the report. This is the reason why you're experiencing this kind of behavior. To fix this, let's make sure that they are the same if you're using cash or accrual method of accounting.

 

Heres how to check the date range:

 

Reports

  1. Go to Reports tab, then Report center.
  2. Select the report you want to run.
  3. At the top, you can modify the report date.

Snapshots

  1. Go to the Reports tab, select Company Snapshots.
  2. At the upper right corner of the Snapshots, you can also modify the date range.

 

You can also Customize a Snapshot tab for your preference.

 

If you have confusion feel free to ask, I'll be happy to assist you further. Take care!

Damage deposit
Level 1

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

The only way I can find to get Member equity report is from snapshot, I can't find it under the report tab

I am looking and probably blind but can,t see anything in snapshot to change date range in upper right corner

Damage deposit
Level 1

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

In snapshot, I can see where to change the date range in all boxes except account balances where I am seeing the problem

Joseph_A
QuickBooks Team

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

I appreciate that you try to follow the previous instructions, @damage deposit.

 

The Account Balances section shows you the running amount of each account as of to date. That's why there is no option to customize.

 

To know more on how to add content, remove content, and move content in Snapshots, click on this link: Customize a Snapshot tab.

 

Feel free to comment any additional questions, I'm here to help.

 

 

Damage deposit
Level 1

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

Thanks for your reply, but I still don,t understand.

example the member equity number is say 500$, but when I click on it to get the report, the report comes up

with 25000$ ?

JenoP
QuickBooks Team

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

Jumping in to share some help, Damage deposit.

 

We're unable to customize the date of the Company Snapshot. As previously shared, the amounts in the report are the current balance of the account. 

 

Although, you can double-click on the amount under the Balance column to get a clearer view where the amount was coming from. 

 

Aside from that, you can also run an account Quick Report to further check what's causing the amount difference. Here's how:

 

  1. Go to your Chart of Accounts and look for the member's equity account.
  2. Right-click on it and select Quick Report.

Feel free to add another reply below if you need anything else. 

Damage deposit
Level 1

Snapshot shows a diiferent numbers than reports for member equity, like over 10000 difference

I think I may have found it, what do you  think

Snapshot members equity does NOT include Closing Entry numbers

Running the report DOES include Closing Entry numbers

Both reports are cumulative from inception

When I add this back in the numbers match

I guess don't trust snapshot for this info, but run the report

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