Technology How to Opening Balance Equity in QuickBooks What is Opening Balance Equity? It’s the amount of money owed to a customer or supplier. In other words, it’s the total value of all outstanding balances. You calculate it by adding up your balance sheet items and multiplying them by their respective percentages. Opening Balance Equity in QuickBooks can quickly turn into a nightmare […] Written by holmesjay December 15, 2022December 15, 2022