Sorry to ask what has been asked several times already, but I can't find the specific answer I'm looking for. I'm going back and doing 2017 business taxes (no judging.... ;)), and thought I had entered everything correctly, but our balance sheet is not balanced. I have entered the bank statement balance for the beginning of the year and the end, and they're roughly 40K different (a loss for the year). The balance sheet is reflecting those numbers, but saying it's unbalanced. I think all the profit and loss I entered through the whole process reflect that loss, so I'm wondering why the balance sheet is wanting to show 0 when there IS a loss. I'm getting all twisted up trying to wrap my brain around it...
I went back and just entered zero for beginning and end to see what difference it would make, and it happily balanced, even considering all the profits and losses entered. I am sure I'm just looking at something sideways or something. Help??
Thanks!
Tracy
