Running Balance Sheet Report and the Net Assets and Total Equity do not balance.

Tim Marshall
Tim Marshall Member Posts: 7 ✭
edited May 2020 in Accounts Hosted
Running Balance Sheet report and the Net Assets and Total Equity do not balance.
 I ran the same report a month ago and the Net Assets did equal Total Equity why is there a discrepancy now? Is there a bug in the system? Can someone please explain?
Thanks

Comments

  • Kris_Williams
    Kris_Williams Member Posts: 3,196 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
    Have you got it set to international format in preferences, reports? Should be Australian format to get that view
  • Tim Marshall
    Tim Marshall Member Posts: 7 ✭
    edited September 2019
    Hi Kris,
    Please note our reports are in Australian format.
     am just at a loss why the Net Assets and Equity don't equal whilst two weeks ago they did.
    Any other thoughts??
    Thanks
    Tim
  • Kris_Williams
    Kris_Williams Member Posts: 3,196 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
    Are you looking at the default balance sheet in Reports Financial - or a memorised one?
  • Kris_Williams
    Kris_Williams Member Posts: 3,196 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
    Happy to have a look if you email me login details
     [email protected]
  • Tim Marshall
    Tim Marshall Member Posts: 7 ✭
    edited September 2019
    Please note I am looking at the default balance sheet - I will send through my login details 
    Thanks
    Tim
  • Gabrielle Baudinette
    Gabrielle Baudinette Member Posts: 17 ✭

    Tim did you get this resolved as I have the same problem?

  • Kris_Williams
    Kris_Williams Member Posts: 3,196 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    I don’t know if Tim sorted out his problem, i never received any details from him, but I’m happy to look at your file and see if I can spot anything. My email details as above

  • Kaka
    Kaka Member Posts: 10 ✭

    Hi Kris,

    I'm having more problems with reports in Quickbooks, you and Shaz helped me a couple of weeks ago.

    Can I send you an email with the issues my accountant is advising to see if you can help please?

  • Kris_Williams
    Kris_Williams Member Posts: 3,196 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Yes sure

    [email protected]

    Mind you I may need to login to the file to answer them

  • Kaka
    Kaka Member Posts: 10 ✭

    Email sent Kris, thanks again.

  • kellydaniels
    kellydaniels Member Posts: 1 ✭

    Did anyone find a solution to this issue? This happens every month, I rebuild and verify the data and it balances and then as soon as the next day it can be out again?

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