Retained Earnings Record and Balance sheet reported retained earning do not agree

Retained Earnings Record and Balance sheet reported retained earning do not agree


Retained Earnings balance sheet and the retained earnings record are not the same values.



The most likely reason for this it the forecast has a capital changes or Capital reserve record which is transferring in from Retained Earnings.

This can be seen by from the forecast record “Retained Earnings” show system data and you will see a transfer amount.

Therefore the Balance sheet retained earning is less than the Record but the total of Capital less share capital equals the Retained earning amount


If you require further assistance please contact

    • Related Articles

    • 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, ...
    • Using Reset to No Actual’s

      The Reset to No Actuals feature is designed to make the next year budget easier. This works by saving your actuals as the budget figures to then allow to you extend the budget into next year using these figures as the basis for extend and amend. ...
    • 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:    
    • Cashflow: Closing Bank Balance vs Calculated Bank Balance

      Having completed the budget cycle, it is valuable to be able to monitor performance against the budget. Forecast 5 allows you to do this through either integration to common financial packages (refer your reseller) or entry or import in the actuals ...
    • 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: