In a company run as a partnership or has investors, QuickBooks lets you keep track of each person's equity. A company's equity equals its assets minus its liabilities. Equity is based on two sources, ...
When you set up QuickBooks initially, a wizard guides you through a list of your company's assets and liabilities. If you have any remaining funds from previous accounts, this money is deposited into ...
Equity accounting is a method of reporting a company's profits from the operations of an affiliated company that it has an interest in but does not own outright.