Hi,

Thanks for using Community Hub.

There are a few possible causes for this, I'd recommend working through the following article to try and get to the bottom of it. How to correct brought forward balances after running the Year end > 

If that helps, please click Verify Answer.

Regards,

Andy
Sage UKI

The P&L isn't affected, it is only the Balance Sheet. For example, Creditors has pulled through £80k worth of transactions from previous years, as far back as 2017

Ah my apologies. The balance sheet is always cumulative and doesn't clear down at year end like the Profit and Loss.  If you run the balance sheet for a period, say period 1,2 and 3 then the period column will show the results for that period but the year to date will have those period figures plus anything brought forward.

I hope that makes sense and helps to explain what you're seeing.

Andy

Ah my apologies. The balance sheet is always cumulative and doesn't clear down at year end like the Profit and Loss.  If you run the balance sheet for a period, say period 1,2 and 3 then the period column will show the results for that period but the year to date will have those period figures plus anything brought forward.

I hope that makes sense and helps to explain what you're seeing.

Andy