2 months ago
Balance Sheet doesn't Balance
My balance sheet doesn't balance by $250. ( Net assets > Equity ) By balance sheet as at 31 DEC 2017 is in balance , but Balance sheet as at 01 JAN 2018 is OUT. Not many transactions on 01 JAN 2018...
Hi Dan10
This can be quite tricky. To refresh your historical balance and resolve any discrepancies, please follow these detailed steps:
Please do let know if it resolves for you.
Regards,
Earl
Hi Earl,
followed your instructions very carefully - but with no success.
Balance sheet still has $250 difference between Net assets and Equity.
Next step ?
Dan
Hi Dan10
Suggested fix only works when the issue is caused by a faulty Historical Balance. Your out of balance seems to be caused by the EOY journal being faulty - this needs to be repaired. Either by MYOB or others.
Regards
Gavin