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November 23, 2023
Question

Can QuickBooks online show liabilities as absolute values? IE Show liability credits as negative balances so that Net Assets + ( Net Liabilities + Equity ) = 0.

  • November 23, 2023
  • 1 reply
  • 1 view
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1 reply

QuickBooks Team
November 23, 2023

Hi timothy-kapadial,

 

Welcome to Community!  I can understand how beneficial it would be to have liability credits show as negative balances so that Net Liabilities + Equity, show as zero.  QuickBooks Online provides the options you need to customize reports, based on your business needs.  If you don't see the option on your desired report, I suggest submitting a suggestion to our Development team for future updates and feature improvements.  Customer recommendations are greatly appreciated in assisting us with improving your overall experience with QuickBooks Online.

 

Feel free to reach back out with other questions.  We would be glad to help!