Category Archives: Bookkeeping

Complete Info About Opening Balance Equity in QuickBooks Desktop

When you start managing your business with QuickBooks, you’ll encounter a term called Opening Balance Equity (OBE). If you’re new to accounting software or just launching your business, you might wonder What is bookkeeping what OBE is and why it’s important. A balance is described as “brought down” (b/d) when it is carried forward from […]