After entering my balance sheet, the information on Schedule L, line 21 Partners Capital Accounts, doesn't properly flow into Schedule M2, Analysis of Partner's Capital Accounts, line 1.
When I select Open Forms, Schedule M2 doesn't exist under Form 1065 p5-6 and I can't seem to directly edit M2, line 1 in the standard forms view. My little business doesn't require a balance sheet for federal returns, but my state (Oklahoma) does.
1) how do I directly edit Schedule M2, line 1 to correctly indicate the proper amount on Schedule M2?
2) does it even really matter if Schedule L and Schedule M2 don't agree as long as the net profit calculation is correct (which is is)?
Thanks in advance.
