Thanks for reaching out to this forum, Nick297. I appreciate the effort and additional information you've shared. With that in mind, let me clarify and explain the discrepancies you've encountered while running your Balance Sheet report in QuickBooks.

Before we proceed, I'd like to about the Balance Sheet by Class report you mentioned. If you could provide screenshots or any specific details about this report, it would greatly help us provide the most accurate explanation.

Moreover, if you're referring to the Profit and Loss by Class report when you mention the Balance Sheet by class, it's important to understand that this report is a detailed financial statement that separates both income and expenses based on specific classes you have defined in the system. This classification allows for an in-depth view of the financial performance of various parts of your business, including their transactions.

On the other hand, if you are discussing a Balance Sheet that has been filtered by Class, please know that this report gives a snapshot of your company's financial status at a specific time. Also, it will display your company's assets, liabilities, and equity, all organized by class. This setup is useful for observing how different areas of your business are financed and how resources are allocated.

With that in mind, please expect differences in how financial data is presented in QuickBooks since each report contains information designed for specific purposes. This distinction helps to provide a comprehensive view of all aspects of your business's finances.

Furthermore, if you want detailed guidance in personalizing your reports in QuickBooks, here's an article that you can check out: Customise reports in QuickBooks Online.

If you have any more questions or need further clarification on this topic, please don't hesitate to post them here, Nick297. We're here to assist you with any issues you may have.