We have made a single manual posting to the Retained Earnings account this year. When we run a Detail Listing on just the Retained Earnings account, we find that the Report Balance does not agree with the Account Balance. It is as if the Report Balance has added the single posting twice.

This does not happen with other accounts.

Does this make sense?

Ledger 9.1A (140221)

John:

There should never be a manual entry to Retained Earnings.

Was the other side of this entry to a Balance Sheet account or an Income account? If an income account then that likely explains the double up (an income account will be closed to retained earnings).

Did you post this to the current year, prior year, or next year?

Most likely your best course of action is to unpost this entry and post it correctly. What is correctly? We will need more information and this may not be something you want to post on an open forum.

Hi Douglas,

This posting was for a declaration of a dividend, and was posted to the current year. The other side of the posting is to Dividends Payable, a Balance Sheet account.

John

Hello John,

You say that the "Report Balance" does not agree with the "Account Balance". Where are you seeing these two numbers that do not agree? On the View Transactions / Budgets screen? In a financial statement? On the Trial Balance?

Hi, John,

I think I may have just duplicated this using the Detail Listing for the Retained Earnings account only. For example:

Opening balance 1,000,000.00
Entry for account 1,000.00
Account Net Change 1,000.00
Account Balance 999,000.00
Report Net Change 1,000.00
Report Balance 998,000.00

The Report Balance is off by 1,000.00. The Report Balance when printed just for the offsetting entry account is correct; it matches the Account Balance.

I'm not sure why this occurs at the moment but will write it up for R&D to take a look at.

Hello John,

This report issue was fixed in Ledger 92A.

Thank you. I have tested it and works.