I am trying to set up a new company, using the Leadsheet Summary from the accountant with the opening account balances. I have more-than- triple-checked the entries! But get the message that the accounts are not balanced. What to do?
Do I need to enter the net income/loss shown on the Leadsheet Summary somewhere? If so, where? Or is this automatically calculated? I do not want to have the system "save my balances as entered and balance my account by recording the difference in Retained Earnings." The program says this is an option, but cannot be undone.