I’ve set up my accounts and have entered a start date. The guide says that from here i am supposed to see a blank balance sheet and be able to enter my start figures.
No I can’t see where I’m supposed to enter my start balance figures?
What i do have is an unbalanced journal entry. The unbalance amount is the opening balance of one member’s capital account.
Yet my balance sheet balances because somehow it has a figure for Opening Balance of Equity that was somehow makes my balance sheet balance. Somehow this was created when I was creating new accounts in my chart of accounts. Created when I entered my figures for my balance sheet items.
The other member balances and all assets and liabilities figures are entered correctly.
But I have this Opening Balance of Equity in my balance sheet and an unbalanced journal entry that i can’t edit in any way. And I have my member opening balance missing.
Is anyone able to tell me how to fix ths please?