Hi Danielle1122
There are a number of common problems (bugs) when it comes to FY rollover and the EOY Adjustment in MYOB. When the EOY adjustment journal is:
the file should be referred to MYOB for a fix - there is nothing you can do to fix any of the above problems.
As for Historical Balance, this is usually unrelated. However it is possible someone tried to 'fix' the out of balance with a Historical Adjustment. Check Setup > Balances > Account Opening Balances. If the debits don't match the credits, the balance goes to Historical Balancing. Take care making changes here (make a backup first as a precaution). If the out of balance amount is the only entry, it is safe to try to remove it - this may clear the Historical Balance amount. Changing any other amounts may alter your Balance Sheet. The entries here should match the Balance Sheet at the Conversion Date (when you first started using MYOB).
Regards
Gavin
