In a company run as a partnership or has investors, QuickBooks lets you keep track of each person's equity. A company's equity equals its assets minus its liabilities. Equity is based on two ...

Dividend accounts are paid as part of the distribution from a Profit and Loss account reserve. Use an Equity, Retained Earnings or Other Current Liability account when setting up a Dividend account.

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You can choose Equity as the type of account in the New Account window ... Choose Make General Journal Entries from the QuickBooks Company menu. The first period should be entered with the appropriate ...

QuickBooks Online will bring in the balance on the account as of the first date of your import by making an entry to an account called Opening Balance Equity. If you don’t have any data in ...

While the simplicity of QuickBooks makes it perfect for a mom-and-pop business, what happens when Mom and Pop start delegating accounting tasks to employees, some of whom may prove untrustworthy?

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