Forum Discussion

schryan's avatar
schryan
Contributing User
12 months ago

ACCOUNTS LIST TOTALS WONT ADD UP CORRECTLY

I've created a new company and am progressively setting-up accounts. As I'm doing this, I'm entering opening balances for Equity accounts. After some deliberation, I've moved account numbers around a...
Account List Totals
Celia_B's avatar
Celia_B
MYOB Moderator

Hi schryan 

 

Thanks for you post. 

 

If you were trying to remove or you have already removed accounts, I'd  recommend speaking with your accountant.  They will be able to provide you advice and check on it.   since we don't have an access to your account. 

 

If you need further assistance, feel free to post again. We're happy to assist. 

 

Cheers, 

Cel

 

 

schryan's avatar
schryan
Contributing User
12 months ago

Hi Celia.

 

Thanks for your reply.

 

The issue may have been triggered by accounts that I removed. However, I removed these after I re-assigned "$0.00" to the Opening Balance field for each.

 

Please note that:-

1. the GL trial balance is in balance;

2. the balance sheet balances;

3. there is no "Historical Balancing" amount and;

4. all required accounts exist. 

I'm an accountant and understand the implications of deleting an account which has any activity or an opening balance. Myob doesn't permit you to delete an account with non-zero amounts.

 

This is definitely a bug in Myob's ability to relcalulate the rolled-up amount.

 

I find interesting the reply in this thread posted by gavin12345 and supportive of what I've uncovered.

 

Regards,

Peter

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