![]() ![]() In other words, this Balance Sheet now is 'in balance' without having to Rebuild QuickBooks data. In the example below we have added the 'Previous Period' column for display.Įven though I have had to 'split to shrink' the overall balance sheet from top-to-bottom, I want you to notice that the middle column represent the same report date as in the example above now has a matching Total Liabilities & Equity figure of $6,633,795.62 which equals the Total Assets in my example above (even though you can see both Total Assets and Total L&E below). Just select a balance sheet that compares more than one period, or add a comparison column. They don't mention a thing about computation (or non-computational) errors as they relate to the Balance Sheet.īut, you can actually force QuickBooks to 'do the math' and compute the Balance Sheet without Rebuilding your Data. You will have to use the same version and year of. If you look up this error in the QuickBooks Community support site you will see they tell you the most likely causes are 'data damage', 'linking improper transactions together', and 'multi-currency'. Answer: You should see that what exact error message are you getting once you try to restore the QuickBooks backup. Intuit's warning message says, "don't worry, most of the time you can easily fix the problem by rebuilding your company file".
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