Forum Discussion

FionaL's avatar
FionaL
Contributing Cover User
6 months ago

Balance Sheet NOT balanced

I reported 3 months ago that the Balance Sheet for our organisation does not balance. I was advised to rollover to the current year and see if that helped.  I do not normally rollover the year, unti...
Desktop
gavin12345's avatar
gavin12345
Ultimate User
6 months ago

Hi Fiona,

 

Rolling over the FY will not fix the out of balance. In most cases file will need to be fixed by MYOB (as an accounting system should never allow and out of balance situation). There are a few known issues with Historical Balance account which can cause out of balance - check this and if this is why your accounts are out of balance, search for a Historical Balances fix on the forum.

 

Regards

Gavin

gavinw222@gmail.com

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.