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Why am I not getting any totals for current accounts on the balance sheet?

Article ID
ias-12214
Article Name
Why am I not getting any totals for current accounts on the balance sheet?
Created Date
11th December 2015
Product
IRIS Accounts Production
Problem
Why am I not getting any totals for current accounts on the balance sheet? A message may appear: Opening balance current year 0 does not agree to closing balance last year ? or The balance sheet just wont balance and dashes will appear next to the current/capital accounts.
Resolution
For a sole trader or partnership the balances on capital/current accounts may not appear on the balance sheet for a few reasons:
  • Check the opening balances have been run in the current year
  • Check the involvement dates for the Proprietor or Partners.
  • Select Edit| Proprietor/Partners Make sure the ‘Start’ and ‘End’ dates are relevant to the year the accounts are being produced for. If there is an incorrect date select ‘View’ and remove it.

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