To put this to bed, I just applied the R8 update and my balance column is back.
Funny, I note that any reference to this problem on Intuit’s site is now missing. Not exactly the most transparent approach to providing customers with information.
At least they resolved the issue and I can use the product the way I want to again.
I sort by the “Cleared” column. So I always have any outstanding items right in front of me. It lets me know about checks that haven’t been cashed yet and highlights if I may have put something into the wrong register. MOST importantly, the balance showing next to the last cleared item should always match the online balance as the bank / financial institution is reporting it.