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

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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

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  • Kris_Williams
    Kris_Williams Member Posts: 3,393 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
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    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
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    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: 3,393 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
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    Are you looking at the default balance sheet in Reports Financial - or a memorised one?
  • Kris_Williams
    Kris_Williams Member Posts: 3,393 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
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    Happy to have a look if you email me login details
     critters@netspace.net.au
  • Tim Marshall
    Tim Marshall Member Posts: 7
    edited September 2019
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    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
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    Tim did you get this resolved as I have the same problem?

  • Kris_Williams
    Kris_Williams Member Posts: 3,393 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    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
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    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: 3,393 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Yes sure

    critters@netspace.net.au

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

  • Kaka
    Kaka Member Posts: 10
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    Email sent Kris, thanks again.

  • kellydaniels
    kellydaniels Member Posts: 1
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    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?