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john-c-simpson
May 14, 2024
Question

Balance sheet - why does 'provision for liabilities' only show the total, not the breakdown into sub-accounts

  • May 14, 2024
  • 1 reply
  • 0 views
I have two 'deferred tax' accounts as sub-accounts of 'provision for liabilities'.  When I print the balance sheet these simply show as 'provision for liabilities' as one item, there is no breakdown shown.

1 reply

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emmam6
May 14, 2024

Hello John, thanks for reaching out to the QuickBooks Community about the balance sheet report. The provision for liabilities is a non-current liability and as such on the balance sheet it just shows as totals. The account and sub accounts of that non-current liability will show on the Trial Balance report.

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