If your QuickBooks Balance Sheet is out of balance, you’re not alone—this is a common issue, especially when working with accrual basis reports or after a data import. It typically means that total assets don’t equal liabilities plus equity, which violates basic accounting rules. The main causes include data file corruption, damaged transactions, rounding errors, or issues with retained earnings.

To fix it, start by running the balance sheet by year, month, and week to identify when the discrepancy begins. Then, use the Rebuild Data tool under File > Utilities to repair data damage. Also, check for transactions with unusual values or items linked incorrectly. If the issue persists, restoring a backup from before the discrepancy appeared may help.

Still stuck? Contact QuickBooks support or work with a certified ProAdvisor to dive deeper. Balance sheet issues can impact your financial accuracy, so don’t delay in resolving them.