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

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  • Updated 1 month ago
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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Tim Marshall

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Posted 1 month ago

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Kris Williams

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Have you got it set to international format in preferences, reports? Should be Australian format to get that view
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Tim Marshall

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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
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Kris Williams

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Are you looking at the default balance sheet in Reports Financial - or a memorised one?
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Kris Williams

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Happy to have a look if you email me login details
 critters@netspace.net.au
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Tim Marshall

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Please note I am looking at the default balance sheet - I will send through my login details 
Thanks
Tim