Here’s your Error:

“When an Invoice gets paid, I transfer the amount of that invoice to “Partner X Contributions”.”


But it’s Not. It’s Income from the sale, and the Funds went to Bank. There is nothing else that can also happen.


“Here are my questions:

1. Is this correct? Or should I be putting […]

Resolution for 'Bal Sheet report issue: 'Setttin up a 3 Person LLC (Partnership) Correctly' available: Yes.

The Bal Sheet report issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Bal Sheet report issue yourself by looking for a resolution described in the article. If it is a complex Bal Sheet report issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bal Sheet report support options.

For more information about resolving issues related to Bal Sheet report in Quickbooks/QBO or to get support for the issue 'Setttin up a 3 Person LLC (Partnership) Correctly', click the link below: