Default Equity Account

[lhbc-donate]

When I went into File - Preferences- Accounting Set-up Options to change the term "Fund Balance" to "Equity" I notice that my month end "Balance Sheet" for our Building Fund (02)is out of wack. Until today, the 3 headings after Total Assets: Fund Balances (Beginning Funds Balance), Total Fund Balance, Total Liabilities & Fund Balance all read the same number as my Total Assets line.
If I run a consolidated Balance Sheet for fund 01 and fund 02 everything looks good.
I keep getting the same WARNING: Default equity account is not in all funds.
Please let me know where I went wrong.
Thanks, Carey

[NeilZ]

When I went into File - Preferences- Accounting Set-up Options to change the term "Fund Balance" to "Equity" I notice that my month end "Balance Sheet" for our Building Fund (02)is out of wack. Until today, the 3 headings after Total Assets: Fund Balances (Beginning Funds Balance), Total Fund Balance, Total Liabilities & Fund Balance all read the same number as my Total Assets line.
If I run a consolidated Balance Sheet for fund 01 and fund 02 everything looks good.
I keep getting the same WARNING: Default equity account is not in all funds.
Please let me know where I went wrong.
Thanks, Carey

This thread will probably help you out here:

http://www.powerchurch.com/forum/viewto ... 838&p=9560