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Balance sheet - Does not balance Error for Soletrader Accounts

Article ID

ias-12188

Article Name

Balance sheet - Does not balance Error for Soletrader Accounts

Created Date

1st December 2015

Product

IRIS Accounts Production

Problem

Why am I getting the following error message on the Balance sheet for my Soletrader set of accounts? Balance sheet - does not balance - Please check that all postings have been made to accounts used on Partnership/Sole trader formats.

Resolution

This maybe occurring due to a date conflict. For example, if your accounts are for Year ended 30 October 2002 and you have an end date entered for the trader of 30 October 2001. To check that you do not have a date entered that would cause a conflict click Edit | Proprietor KB12188 | Balance sheet - Does not balance Error for Soletrader Accounts Click View KB12188a | Balance sheet - Does not balance Error for Soletrader Accounts Remove the date and click OK to save.

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