Chart of accounts doesn't have a group for Balance Sheet / Profit & Loss Statement

Cause

  • In the Chart of Accounts  the group "00 - Difference should be = 0", which groups the Total Balance Sheet and the Total Profit & Loss Statement, is missing. In this row, the Amount column must be zero (empty). If this group shows an amount, there are errors in your accounting. 
  • The Balance Sheet or Profit & Loss Statement Sections are missing.
  • There are no accounts of BClass 3 or 4.


Solution

Create the "00" Grouping in  the Chart of Accounts. Refer to the Groups page for further information.

Check the accounting.

Tell us how we can help you better
If the information on this page is not what you're looking for, is not clear enough, or is not up-to-date, let us know.

Share this article: Twitter | Facebook | LinkedIn | Email