I'm trying out Solar Accounts and I've taking my balances from my previous software and have input them into the opening balances of all the accounts in Solar Accounts.
But when I run a P&L report it's empty! The Balance Sheet shows all my figures as I would expect and it has a value in the current earnings box so it's worked out the P&L.
Have I done something wrong in setting up the opening balances for the income & expense groups?
Hi Peter,
Solar Accounts assumes the 'opening balance' of accounts have been carried forward from a previous financial year, so these amounts won't affect the Profit and Loss report. Instead, create a General Transaction which debits and credits the appropriate income and expense accounts (tick 'Multiple Accounts' in the transaction window).
Regards,