why it shows inventory offset in Balance sheet while dont show liability against this

Hi Aleem. If you received those items without an associated bill, QuickBooks creates the Inventory Offset account to show that you have the stock on hand.

To rectify this, create a Bill and link it to those received items. If you're using a Purchase Order (PO), open the PO and select the Copy to bill option to proceed.

Once completed, the system will clear the balance from that offset account and transfer it to your Accounts Payable account. Your Balance Sheet will then reflect the liability exactly where you expect to see it.

You can also generate reports to see your sales and inventory status in QuickBooks Online.

If you're experiencing a different scenario, you're always welcome to post additional details here. Just click the Reply button below.