“When my statement shows a balance on account it means I have borrowed money and owe them (unlike a bank statement).  I am having a hard time reconciling and trying to make my brain think in reverse.  Maybe I shouldn’t be treating this account like a bank account, but rather […]

Resolution for 'balance on account issue: 'Can I use my lending institution like a bank account or should it be a current liability account?' available: Yes.

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

For more information about resolving issues related to balance on account in Quickbooks/QBO or to get support for the issue 'Can I use my lending institution like a bank account or should it be a current liability account?', click the link below: