Opening balances in ledger reports

How can I produce a nominal ledger (G/L) by account report which shows both opening AND closing balances for each account ?   

--

NOTE:  This is NOT a trial balance report question. 

This is about the nominal / general ledger reporting - not showing the opening balances.

--

My accountants want to see both opening & closing balances.

Answer

Hello S400,

Creating a report that will show both the opening and ending/closing balance is unavailable. You'll want to open a quick report for the Opening Balance Equity account, and then use the Account Listing report to see the ending balance.

To open a quick report:

  1. In your Home Page, press CTRL+F on your keyboard.
  2. Filter to Account, then click the Account drop-down.
  3. Choose Opening Balance Equity. Then, click Find.
  4. Click Report.
  5. Click Customize Report at the top.
  6. Under Search Columns field, type Opening Balance and mark it (see the attached screenshot.)
  7. Click OK.

To view the Account Listing report:

  1. Click Reports.
  2. Click Accountant and Taxes.
  3. Select Account Listing.

Please get back to me if you have further questions.

Was this answer helpful? Yes No
Original
IntuitShiella , Community Support Specialist
Moderator

No answers have been posted

More Actions

People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Qb community
Looking for advice from other business owners?

Visit our QuickBooks Community site.