Have completed all information in AO and when preparing financial statements report it shows out of balance. In this particular case it is the prior year loss which did not roll forward and hence out of balance, any ideas?
Hi Lea,
Check the Modify Prior year balances. You can change the amounts for the prior year in this section.
If the year does not appear in this section, open the AO Ledger or the underlying ledger and look for the roll forward journal. You may need to edit this journal.
It may be you will need to enter a journal to correct the issuye, if the Trial Balance is in balance.
