Thanks so much for the reply!

Yes, I'm familiar with setting a regular balance sheet to display a single class — that part’s clear and works fine. What I’m referring to is the Balance Sheet by Class report, which is different: it shows a separate column for each class, giving you a side-by-side view across classes.

QuickBooks Desktop definitely had a “Balance Sheet by Class” option.

As for your point about the report being unbalanced — that usually only happens when not all entries are assigned a class, or if you’re mixing entries across multiple classes without consistency. If you apply classes thoroughly and consistently (I hesitate to say "the right way," but I do think it's the correct approach), your balance sheet should remain balanced. And if there's a discrepancy, it typically shows up in the “Unclassified” or “Uncategorized” column, making it easy to track down the issue.