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Balance sheet not balance

bayangimanbayangiman Member Posts: 8

Greetings, I am facing difficulties having my balance sheet balance. I have try exporting it for 2018,2019 and 2020 but keep seeing the assets and liabilities not same

in Accounting Feature Ideas

Comments

  • AlexLAlexL Member Posts: 2,869 ✭✭✭

    Hey @bayangiman , can you shed some more light on this for me? Is there a reason that you're expecting your Assets and Liabilities to be the same balance? Let me know.

  • bayangimanbayangiman Member Posts: 8

    Hello @AlexL, yes I expected that to happen with my small knowledge on accounting, assets and liabilities are to have the same on the balance sheet

  • AlexLAlexL Member Posts: 2,869 ✭✭✭

    @bayangiman assets and liabilities are completely different accounts. That would be like saying that you expect your bank account and your credit card account to have the same balance which wouldn't be the case.

    Let us know if we can be of further help!

    edited April 2, 2021
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