it’s Real Equity; it didn’t need to ever be “Opening Balance” Equity, because it is a Known issue, already, and is Real Equity. Don’t use OBE ever; once the file is set up, that should be 0 if it ever got used in the first place, which you can Avoid.
Resolution for 'Cost Basis issue: 'How do you account for a loan without throwing off Opening Balance Equity?' available: Yes.
The Cost Basis 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 Cost Basis issue yourself by looking for a resolution described in the article. If it is a complex Cost Basis issue or you are unable to solve the issue, you may contact us by clicking here or by using other Cost Basis support options.
For more information about resolving issues related to Cost Basis in Quickbooks/QBO or to get support for the issue 'How do you account for a loan without throwing off Opening Balance Equity?', click the link below: