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Accounting Report: Balance Sheet is not reflecting the correct amount for this Year Profit

The current year profit in the report shows a 0.00 balance, even though the Profit and Loss report displays an amount.

Updated over 2 months ago

To solve this problem, please follow the steps below:

  1. Run this diagnostic check on your files in 6. Periodic, 5. Check Records in Files and select 7. Data Integrity Check.

  2. Click Ok.

  3. You will see the M02 error "PA" account on xxxx/000 and xxxx/000.

  4. Exit the report and click Cancel.

  5. Select General, General Ledger A/C Maintenance.

  6. Look for xxxx/000, which is not a Profit Account, and delete "PA" in Special Account. (Only 1 profit account is maintained)

  7. Save and generate your report.

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