# Statement of Changes in Equity & Statement of Profit & Loss does not tally

**URL:** <https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508>\
**Category:** Uncategorized\
**Created:** [February 13, 2025, 4:35pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508 "2025-02-13T16:35:16Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 4:35pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/1 "2025-02-13T16:35:16Z")

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Hello,  
Since the new updates, I couldn’t catch many results and all the balance which were previously reconciled doesn’t match now, and showing erroneous figures.

Recently, I tried to check the Profit & Loss for a given period in the **“STATEMENT OF EQUITY CHANGES” & STATEMENT OF PROFIT & LOSS"** doesn’t match. Before the updates, the two results matched .

Can anyone tell me, where I am making the mistake or do I need to do some selection make some setting after update.

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**Author:** ![Joe91](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/joe91/32/35781_2.png) [@Joe91](https://forum.manager.io/u/Joe91)\
**Post date:** [February 13, 2025, 5:21pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/2 "2025-02-13T17:21:09Z")

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It might help if you illustrated the problem with some screen shots

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 5:52pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/3 "2025-02-13T17:52:27Z")

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Deleted

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 5:53pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/4 "2025-02-13T17:53:05Z")

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![Screenshot_20250213_233606_Chrome](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/b/b/bb6faf1b27f8249ca6e62927783bed7f2412cfa0.jpeg)

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 5:54pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/5 "2025-02-13T17:54:42Z")

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The illustration is attached. See the P&L are different in the report of two statements.

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 6:01pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/6 "2025-02-13T18:01:45Z")

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![Screenshot_20250214_000038_CamScanner](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/d/f/dfa129625290b8ce741334ccaad364351d44c1b9.jpeg)

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 6:02pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/7 "2025-02-13T18:02:37Z")

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See the 2 illustrations

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<div class="post-metadata">

**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [February 13, 2025, 6:07pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/8 "2025-02-13T18:07:27Z")

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This is a bug.

However, before placing this in bugs, I need to know the Version and Edition you are running @sonicgroup

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**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 13, 2025, 6:54pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/9 "2025-02-13T18:54:13Z")

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Version is 25.2.13.2079

This is the latest, i suppose.

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [February 13, 2025, 8:14pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/10 "2025-02-13T20:14:41Z")

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I believe, this was due to bug in inventory write-offs. Fixed in the latest version (25.2.14)

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**Author:** ![RAPHAEL\_KENYA\_SWANZY](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/raphael_kenya_swanzy/32/44898_2.png) [@RAPHAEL\_KENYA\_SWANZY](https://forum.manager.io/u/RAPHAEL_KENYA_SWANZY)\
**Post date:** [February 14, 2025, 1:10pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/11 "2025-02-14T13:10:55Z")

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@lubos, I have a similar problem. My profit and loss account profit declaration is not correct. It used to be correct on the 12th of February. Just yesterday, on the 13th, everything changed. I am also seeing My inventory is a mess now too. I am seeing a lot of quantity to be delivered in all my inventory; meanwhile, all items sold had their quantity to be delivered. Please help out.

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**Author:** ![RAPHAEL\_KENYA\_SWANZY](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/raphael_kenya_swanzy/32/44898_2.png) [@RAPHAEL\_KENYA\_SWANZY](https://forum.manager.io/u/RAPHAEL_KENYA_SWANZY)\
**Post date:** [February 14, 2025, 1:13pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/12 "2025-02-14T13:13:53Z")

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![Screenshot 2025-02-14 091225](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/3/e/3e933a9c2f947a612084904c4dd8579b139baba5.png)  
 ![Screenshot 2025-02-14 091317](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/0/8/088c14810db05c07277a0e4a3e8832f038e758f1.png)  
 ![Screenshot 2025-02-14 091342](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/0/9/09669279f71414755ef74a8960a6f1d632060a6d.png)

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 14, 2025, 7:48pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/13 "2025-02-14T19:48:34Z")

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@lubos, the problem is not solved, the problem still persists.

Additionally, it is noted that the entire account since 4years (starting of the accounting business) is topsy turvy showing erroneous profit. I had a rule to transfer the profit every month to Capital Account. A a result, each month the retained earning would show zero.

Im sending some screen shots. Before, the balances brought forward were zero. The entry in blue was the profit of that month adjusted to capital.

Now, i don’t know from where, the profit figures which adjusted to zero before and jumped back with impractical & inflated figures. I have failed to figure out the reasons for this anamoly and i am unable to fix the problems. The profit figures are unimaginable that my company can never make.

Please check to find a solution or,aternatively, roll back all updates in ths month.

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<div class="post-metadata">

**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 14, 2025, 8:16pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/14 "2025-02-14T20:16:47Z")

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I will send screenshots soon as said in my above message

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<div class="post-metadata">

**Author:** ![Rami\_Gomaa](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/rami_gomaa/32/27829_2.png) [@Rami\_Gomaa](https://forum.manager.io/u/Rami_Gomaa)\
**Post date:** [February 16, 2025, 10:24am UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/15 "2025-02-16T10:24:51Z")

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@lubos @sonicgroup after a lot time of searching in the problem i figure there’s recalculate button inside every inventory item page when we click on “total cost” column value of any inventory item inside the page you will find recalculate button, click on it many times to recalculate the unit cost of this item then do it with all your inventory item and values will come back again

but @lubos we don’t think it’s efficient method because it’s take 3 hours of my time to get my values back

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<div class="post-metadata">

**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [February 16, 2025, 10:37am UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/16 "2025-02-16T10:37:51Z")

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@Rami_Gomaa I’m working on a singular report that will do all that with just a one click.

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**Author:** ![shahabb](https://avatars.discourse-cdn.com/v4/letter/s/838e76/32.png) [@shahabb](https://forum.manager.io/u/shahabb)\
**Post date:** [February 16, 2025, 12:18pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/17 "2025-02-16T12:18:43Z")

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> [@lubos](#):
>
> I’m working on a singular report that will do all that with just a one click.

Isn’t this same as having Recalculate button on Inventory Tab or Balance Sheet? Like it was before?

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**Author:** ![sonicgroup](https://avatars.discourse-cdn.com/v4/letter/s/ccd318/32.png) [@sonicgroup](https://forum.manager.io/u/sonicgroup)\
**Post date:** [February 16, 2025, 7:43pm UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/18 "2025-02-16T19:43:52Z")

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You are correct. But, still the average cost is not reflecting correctly for many inventory items. For example,

1. in a case an inventory item average cost showed 50,345/doz before recalculate. After recalculate the unit average cost showed 110/doz which is more realistic.
2. In another instance, the unit cost was showing realistically at 106/doz but after recalculate, the cost make erroneous at 50,437

**Conclusion.**  
A) Even after recalculate, the average cost cannot be trusted.  
B) We have 800plus inventory items, how is it practical to visit each inventory page and recalculate. Even, the recalculate results are erroneous.

Before, all accounting results were stable & correct. Why was it necessary to overhaul everything by updates after updates & day after day.

@lubos I’m in a very panicky state of mind. How can I sell goods with erroneous costing. Further, P&L results are definitely not realistic with ten of thousands of inflated profits comparing to previous P&L.

I am in a fix, how to do, what to do in the scenario as Manager is not yielding definite accounting results.

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<div class="post-metadata">

**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [February 17, 2025, 12:44am UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/19 "2025-02-17T00:44:20Z")

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> [@sonicgroup](#):
>
> the problem is not solved, the problem still persists.

Are you saying your `Statement of Changes in Equity` and `Profit & Loss Statement` net profit still do not match?

> [@RAPHAEL\_KENYA\_SWANZY](#):
>
> I am seeing a lot of quantity to be delivered in all my inventory; meanwhile, all items sold had their quantity to be delivered.

This has been fixed. Are you still experiencing this issue in the latest version?

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<div class="post-metadata">

**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [February 17, 2025, 1:30am UTC](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508/20 "2025-02-17T01:30:46Z")

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> [@sonicgroup](#):
>
> In another instance, the unit cost was showing realistically at 106/doz but after recalculate, the cost make erroneous at 50,437

Can you try recalculating it again in the latest version (25.2.17.2098) ?

[Next page](https://forum.manager.io/t/statement-of-changes-in-equity-statement-of-profit-loss-does-not-tally/60508.md?page=2)
