Your Balance Sheet in accrual basis is out of balance. The amount of Total Assets is not equal to the sum of Total Liabilities and Total Equities (A = L + E).

This issue has three common causes:

  • Your data file is damaged.
  • You have entered or linked transactions that are not compatible.
  • You are using multi-currency.

IMPORTANT

  • Back up the QuickBooks company file before trying any of the solutions outlined in this article.
  • Around 70% of the time, balance sheet out of balance is resolved by the steps outlined in Solution 1. Make sure to rebuild, verify and check the qbwin logs before you proceed to Solutions 2 and 3.
  • If you are in a multi-user environment, having multiple computers setup to host the QuickBooks company file may cause damage to your file and your balance sheet may go out of balance. To fix the problem, resolve the data damage and make sure that only the server computer is hosting your company file.

SLN64521