Opening Balance: Loan Opening Balance Won't Save

Issue / Problem:

When in the Enter Opening balances screen, the Loan opening balance will not save:

 

Solution:

You must enter the Opening Balance of the loan in the loan record:

 

 

• Related Articles

• Actuals: Calculated Loan Taken is showing strange Capital Paid and Gross Payment figures.

  Issue: I have entered my actuals through the enter actuals screen and the Capital Paid and Gross Payment columns on my loan records do not look correct. Cause: The loan balance and interest have been entered through the Enter Actuals screen. ...

• Opening Balance: Opening Balance of An Asset Does Not Show On Reports

  Issue: Entering or changing the opening balance on an asset record does not update on the reports. Solution: You must enter the opening balance through the opening balance screen:

• My Balance Sheet is out of balance / my reports are wrong

  Issue: My balance sheet is out of balance or my reports are not showing the correct figures. This can also be for consolidations. Cause: Sometimes this can occur with the calculations have not been properly refreshed. Solution: 1. Under Utilities, ...

• GST Cash Payments Opening Balance

  Issue: When using the GST Scheme of Cash Payments, there is no way to accomodate for opening entry.   Solution: Set to Manually Entered to enter the opening payment. The rest of the process will stay the same.

• PAYE is causing an out of balance

  Issue: My balance sheet is not balancing due to my PAYE. Cause: This can be caused when the first data month has been changed from any period except the first, to another period, after the figures have been entered and the PAYE figures get stuck. ...