Troubleshooting: Trial Balance Report does not balance on second year

Question: When I preview Trial balance report for first year it is balanced, but when inquiry for second year it does not balance. Why?

Possible Reason:

You have created Retained Earning account as a normal account.
Retained Earnings (or Retained Profit) account must be of Special Account Type (SRE) should you need the system to calculate and show accumulated profit (except current year).

Solution:

1) Delete the normal Retain Earning account.

2) Create new Special account for Retained Earning.

Now Trial Balance report is balanced.

By: Park Yao 220919, Lay Swan 220923, P220926

Go to menu

AutoCount Accounting 2.0 & 2.1 AutoCount Accounting 2.0 What's New AutoCount Accounting 2.0 Help File AutoCount Accounting 2.0 FAQ (Application) AutoCount Accounting 2.0 FAQ (Troubleshoot) AutoCount Accounting 2.0 Others AutoCount Accounting 2.0 Release Note AutoCount Accounting 2.1 Release Note

AutoCount Accounting 1.8 / 1.9 AutoCount Accounting 1.8 FAQ (Application) AutoCount Accounting 1.8 FAQ (Troubleshoot) AutoCount Accounting 1.8 / 1.9 Release Note

AutoCount Payroll

AutoCount POS

AutoCount On The Go

AutoCount Accounting Plug-In Documentations