So if I’m understanding you, since the money showing in the BANK account in the chart of accounts is already my equity (there are no expenses or liabilities), t...

Yes, I know what equity is. Thank you, but that’s not my question.when my customer pays an invoice and I enter the payment in QB, the money shows in my bank acc...

I know what equity is.When my customer pays their bill and I enter it in QB, it shows the money in my bank account on the chart of accounts. I’m asking how to m...