Thanks for coming back to the Community, nonyanon.
Let me help and guide you on how to correct the information on your Balance Sheet report.
The total assets should match your total liabilities on your Balance Sheet. If the information is out of balance, let’s perform the following troubleshooting steps to rectify the issue:
- Choose each account on the report to see the transactions related to the balance of each account.
- Find the date when your balance sheet went out of balance. Open the report and go to the Report period drop-down to select This Year-to-date. Then narrow down each month up to the exact date range.
- From there, look for the transactions that are making your balance sheet out of balance.
For additional resources, you can browse this article: Basic troubleshooting for balance sheets. The solution is scenario-based, and I recommend you choose the one that fits your situation.
To learn more about the Balance Sheet Report, click here to view the complete details. It provides detailed information on why the statement doesn’t match your other reports.
Stay in touch if you have clarifications about running the Balance Sheet report. I’ll be glad to answer them for you. Wishing you and your business continued success.
