The Starting Balances report does not display the starting balance of
Fixed assets. I remember that it used to. It only shows starting balance for
Fixed assets, accumulated depreciation.
In my case, it also includes, under the heading “Equity,” the entry “Starting balance equity,” but with neither a debit nor credit on that line. I do not remember seeing such an entry previously, though I have no printed copies of an earlier report to check. I have no account named “Equity” and have not entered any starting balance for any equity account.