They are Components of Equity. Equity is One Thing. For clarity or analysis purposes, you can slice-and-dice it into Pieces, such as Your Equity and My Equity, as separate amounts.

OBE is a generic dumping ground used by the program when you use a function where you were not required to […]

Resolution for 'Components of Equity issue: 'Is members equity and opening balance equity comprised of the same numbers on the balance sheet?' available: Yes.

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

For more information about resolving issues related to Components of Equity in Quickbooks/QBO or to get support for the issue 'Is members equity and opening balance equity comprised of the same numbers on the balance sheet?', click the link below: