We’ll need to create a journal entry in order for us to fix your opening equity account balance. Let me show you how:

  1. Click the Plus (+) icon, then select Journal Entry.
  2. Enter the Journal date.
  3. On the first line, specify the Account to enter the opening balance for.
  4. Enter […]

Resolution for 'Balance Equity account issue: 'How do I fix opening equity account balance that duplicates my equity in a fixed asset?' available: Yes.

The Balance Equity account 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 Balance Equity account issue yourself by looking for a resolution described in the article. If it is a complex Balance Equity account issue or you are unable to solve the issue, you may contact us by clicking here or by using other Balance Equity account support options.

For more information about resolving issues related to Balance Equity account in Quickbooks/QBO or to get support for the issue 'How do I fix opening equity account balance that duplicates my equity in a fixed asset?', click the link below: