Q: Why does the net income on my P&L statement not match the amount on my balance sheet?
A: Having your first Income-Statement (I/S) line number set incorrectly could cause this. To verify your first I/S line number:
- Print a Chart of Accounts report.
- Locate the first income account.
- Make note of this account’s line number, which is listed in the F/S number column.
To set the first I/S line number in CertiflexDimension Ultra, go to >File>Company Maintenance>Master Data Properties>General Ledger or CW. Locate the First I/S Line No. field. If this does not match the F/S number associated with your first income account, set the correct number, click >OK, and then click >Close.
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