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smallcoman2
Returning Member

Shareholder Distributions on balance sheet

I've just imported my data from QB.  My balance sheet has a value for shareholder distributions.  How do I find out where that comes from? The Equity total in TT does not match the total equity in QB.  I need helping reconciling that difference.

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3 Replies

Shareholder Distributions on balance sheet

it should have come from the QB import.  some amounts you assigned a tax code for them to be treated as a shareholder distribution. perhaps post to QB forum. also, identify the type of corporation S or C

smallcoman2
Returning Member

Shareholder Distributions on balance sheet

When I run the balance sheet in QB and click on Shareholder Distributions, QB says it has NO transactions in that time period.  The time period selected in Last Fiscal Year.

smallcoman2
Returning Member

Shareholder Distributions on balance sheet

The only payments made to the two shareholders (and only W2 employees) is salary and a single bonus.

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