Profit from balance sheet and profit & loss statement (balance from previous year column) don't match

Causes

The profit from Balance sheet and Profit & loss statement (balance from Previous year column) don't match. In the Accounts table, in the Previous view (and Previous column), balances have been manually entered with some mistakes.

Solution

Check the accounting file with the Check accounting command from the Account1 menu. In the Accounts table, in the Previous view (and Previous column), check that all the balances are correct: the costs must be entered in positive and the income must be entered in negative (with a - sign).

 

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