FinanceRYSS
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Joined 4 years ago
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Re: Balance sheet not matching Assets with Total Equity
Hi Sai, thanks for your message. How do I have my file repaired? Do I call MYOB? Or jump onto MYOB chat? I have been advised in an MYOB chat today that I need to do a roll of the FY2023 and run the above refresh steps again ($1 and $0 opening balances). Do you think this advice will help? If not, how do I start the repair process with MYOB?Re: Balance sheet not matching Assets with Total Equity
Isaiah_CThanks for your message Sai. How do I refresh the opening balances? Do you mean re-enter them? All balances YTD currently in balance sheet are showing correctly. It is just the retained earnings figure which is out in the equity area, and if I change this value in opening balances, it then shows an unbalanced value.Balance sheet not matching Assets with Total Equity
Hi all, I have looked through solutions in MYOB community for the error I have and they are not helping so far. The equity value in balance sheet is not balancing with total assets. I needed to go into opening balances to correct one value for $580 and it through out the entire equity value by $221,397.25. I have since gone in and checked everything, double/triple checked, auditors have also checked everything including historical values, all balances YTD and all appear OK to them, so they are unsure what has happened. I have seen solutions in the MYOB community advising to go into opening balances and enter $1, then go back in and replace with $0 however this is not working for me. I am hoping someone can provide other solutions please. Kind regards, Peter
