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  #1  
Old 06-03-2008, 04:25 PM
jjeilman jjeilman is offline
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Balance Sheet

Sorry for the ignorance, but I've never done a non-profit with Quickbooks before. My question is, on the balance sheet generated by Quickbooks, it shows "net income" as supposed to "unrestricted net assets". How do I correct this?
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  #2  
Old 07-28-2008, 03:38 PM
EdStockton EdStockton is offline
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Balance Sheet

You would have to create a custom financial statement. You could modify titles there.
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  #3  
Old 05-29-2009, 10:01 AM
RoSmith RoSmith is offline
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unrestricted net assets

i have a client that has erroneously closed a year and created "closing entry" in the expense accounts. Is there anyway to recover from this?
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  #4  
Old 05-29-2009, 10:34 AM
EdStockton EdStockton is offline
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Closing Entry

Yes, you can just delete or void the general journal closing entry.
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