There has to be some kind of subtraction turned on because an Electron Multiplier should never give a negative signal.
Do you see negative numbers if you are in manual tune while scanning?
Background Subtraction should only be available if you are running data analysis in the Parametric Retrieval mode.
Another possible thing to check is in Data Analysis under the Quantitate Menu, look at Edit Quant Report Options and see what the Y-Scale settings are, it could be scaling such that you are not actually seeing the baseline. I have had times when the lowest setting on the Y scale was 50,000 and anything below that just didn't show up. Set the TIC setting to 100 and see what happens.