Welcome to the Community, @2000yearsago.
Let me sort things out for you. Your asset value will depend on the transactions entered in your QuickBooks. Possible reason that the calculation is incorrect is because of some data damage. To fix this you can Verify and Rebuild Data in QuickBooks Desktop.
I'll show you how:
- Close all the windows in your QuickBooks.
- Go to the File menu, then choose Utilities.
- Select Verify Data.
- If the result will be QuickBooks detected no problems with your data, no further action is needed.
- When a specific error message pops up, you can search it ou QuickBooks Desktop support site for specific instructions.
- When the result is Your data has lost integrity, follow the steps below to rebuild the data to correct the problem.
- Go to the File menu.
- Select Utilities, then choose Rebuild Data.
- If it detects additional damage, locate the error within the qbwin.log and look for a resolution at the QuickBooks Desktop Support site.
- If the error can't be found, try to restore a recent backup copy. Make sure not to overwrite your existing company file.
If you're still having the same result after performing all the troubleshooting, you can contact our support team. They have the necessary tools to further investigate and fix your concern.
Please let me know if you need further assistance. I'd be glad to help you. Keep safe.
