Balance Sheet

[Lesley H]

Can we run the balance sheet at a specific date such as 31st July. We do not seem able to do this like we could on the old MyMoney programme.

[mthadm]

Hello,


You should be able to run Balance Sheet as of user specified date


Thanks,

[Lesley H]

I have gone on to Balance Sheet (customise) and Profit & Loss Account (customise) but have been unable to process these for a specific date (Balance Sheet) or specific period (Profit & Loss Account). Can anyone help by giving me details of how to do this? Thank you.

[Warty]

I am also having a problem running a Balance Sheet. When I run the Balance Sheet (Custom) report I select a date of 1 April 2015 to 31 March 2017, select All Payees, All Accounts and All Categories and I get a report (see attachment) that is so far from being correct that it is laughable, in that the Cheque Account shows a balance of -$37,841.45 when it should be $8444.57, 1 Investment account with a balance of $341.53 when it should be $8501.57 but the other Investment account is correct.Why does the report NOT show correct balances and how do I run one that will be correct.

MDT Balance Sheet Report MyMoney.jpeg (68.47 KiB) Viewed 21994 times

A normal Business Balance Sheet (here in NZ anyway) is similar to the attachment below:-

MDT Balance Sheet Report Quicken.jpeg (62.28 KiB) Viewed 21994 times

Can this Balance Sheet or similar report be prepared? Otherwise I would need to design a spreadsheet and manually input the balances, which I my mind defects the purpose of an financial program.

Any advice would be appreciated.

[mthadm]

Hello,


Are running ledger balances correct and its only the report that is incorrect?

Thanks,

[Warty]

Thanks for reply. YES the ledger running balances are correct and I also ran the Profit & Loss report using the same parameters and that report was accurate. I have not attempted any transaction reports etc.