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Post Info TOPIC: Why is my Sage Balance Sheet showing a zero bank balance?
DebbieMolony


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Why is my Sage Balance Sheet showing a zero bank balance?
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My balance sheet for September is showing a zero bank balance and debtors is showing as a (    ) balance which is incorrect.  I've checked August and that's ok.  Trial balance shows a balance.

I ran Sage Year End 31st July 2011 and I am waiting for the new opening journals from the accountants ..... any ideas??

Many thanks,

Debbie



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ClareB4


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In your Chart of Accounts check that the bank account nominal code (normally 1200) is showing in the correct balance sheet category - also run a Check on the chart of accounts to make sure all codes are captured...

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DebbieMolony


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Hi,

Chart of accounts all look ok, I checked all this at Year End.

Are there any other reasons that you've come across in the past why the Bank balance would be showing zero?

Many thanks,

 

Debbie



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ClareB4


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Hi Debbie
The only reason I can think of would be if the bank account nominal code is somehow being excluded from the report, hence my suggestion above. What was showing at year end? The correct bank balance?
Clare


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Bruton Young Bookkeeping - www.brutonyoung.co.uk
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