stubrady
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Joined 6 years ago
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MYOB Balance sheet does not balance due to historical balance issue
A client is using version 2022.10. When we finalised the 2021 accounts, the balance sheet balanced. Now there is an amount of $34,436.00 sitting in the historical balancing account and the balance sheet is out by this amount. I have run a general ledger report and the issue appears to be from prior to 2019.... When I go into Seyup -> Balances -> Account Opening Balances, MYOB advises there is an amount of $34,436.00 left to be allocated. I have tried changing one of the accounts with a $0.00 balance to $0.01 and going back in and changing it back (as suggested in another post), but this doesn't work. Why is this happening and how do I fix it?Solved828Views0likes3Comments