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Melly1's avatar
Melly1
2 years ago

SOLE TRADER

Hi everyone. Sorry I'll preface this with I'm not accounting minded at all.....   I've signed up recently for Business Lite. We are using a sole trader structure. The only available options for inc...
Genreve_S's avatar
Genreve_S
MYOB Moderator
2 years ago

Hi Melly1, 

 

Thanks for reaching out and welcome to Community Forum. 

 

There are only two ways I could think of that an account would have a balance on it. First is if we created a transaction (pay run) and second is if there was any opening balance added to the ledger account. What I would suggest since you don't have any pay runs on the file, is to open Accounting > Chart of Accounts > Edit Accounts > See if there are any opening balances that are incorrect in all accounts. 

 

Let us know if you need further assistance with this. We're happy to help. 

 

Cheers, 

Genreve

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