Let me help you fix your balance sheet when it’s out of balance in QuickBooks, linajanehayden.
To fix the out of balance on a Cash basis, we can try repairing your company file using the Rebuild Data tool first. Just follow the steps and details in this article: Fix data damage on your QuickBooks Desktop company file.
Once done, find the transactions causing the problem by locating the date on when it was out of balance.
Here's how:
- Go to the Reports on the top menu.
- Select Company & Financials and tick Balance Sheet Summary.
- Tap the Customize Report button.
- Click the Display tab and choose All from the Dates drop-down menu.
- Go to the Report Basis section and choose Cash.
- Select Year in the in the Display columns by drop-down menu.
- Press OK.
Then, compare your Total Assets to Total Liabilities & Equity to find when you out of balance for Cash basis.
Once done, proceed to Step 3 and Step 5 in this article to finish the process: Fix a Balance Sheet that's out of balance.
To learn more about troubleshooting Balance sheet report, check out this article: Balance Sheet Report out of balance - Recurring.
I have a link here that provides you with articles about managing your reports: https://quickbooks.intuit.com/learn-support/en-us/reports/07?product=QuickBooks%20Desktop.
Keep me posted if you need a hand with reconciling your accounts or any QuickBooks related. I'm always here to help. Take care always.
